devyani above 175 will fire devyani after conso.. looks like above 175 will fire till 195
downside space is less .. therefore risk reward is favourable
DEVYANI trade ideas
DEVYANI INTERNATIONALWatch DEVYANI Above 170-171,
for target of 176. with stop loss of 169
ONLY FOR EDUCATIONAL PURPOSE not for Trading
DEVYANI INTERNATIONAL -- POSITIONAL - MARCH 2022DEVYANI INTERNATIONAL --positional - march 2022
1. Stock seen bottom out around strong support area 144-145
2. trendline breakout candle seen on hourly chart
3. BUY ABOVE BREAKOUT CANDLE resistance level above 156
4. Potential upside 20-30% from current level
5. RSI, MACD bullish, volume seen increase
BUY DEVYANI INTERNATIONAL above 156
TARGET 1- 165
TARGET 2- 175-180
stop loss 140
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk
HAPPY TRADING. !!
DEVYANI long term -stock to buy DEVYANI after retracing to 145 zone looking good for long set up stop 145 targets would be from 250 to 360 zone
good bet for long term
DEVYANI long term -stock to buy
NSE Devyani - Buy This Stock Now! *Read This Report carefully to get an accurate entry level for buyers.*
Devyani International has created an all-time high of 198.90. Price faced supply pressure that bulls couldn't hold their power, and it has started correcting for upcoming impulsive structure. After counting the wave, we can name this correction 4th corrective wave, and the all-time high was impulsive wave 3. We know one basic rule of wave principle, " the ending point of the corrective wave is the starting point of the impulsive wave."
What pieces of evidence do we have for the ending point of a corrective wave?
+ Price retraced back from 61.8% at 142.50 (from the low of 107.55 to the high of 198.99)
+ Wave 4 can occur at the 4th wave of a lower degree. The 4th wave has retraced back from the price territory of wave (4). If Devyani breaks the low of wave (C), it may complete the final move near the price territory of wave (4).
+ Price has already retraced 61.8% of wave 3. Wave C has created a throw-out which suggests the accomplishment of wave (C). But I am not a big fan of deciding without confirmation. Let the market commit first before you commit to the market.
+ Wave (A) = Wave (C). Wave C has retraced 100% of wave A.
The trader can wait for a pullback to generate a new entry. If Devyani breaks wave (C), traders can wait for the gray zone. However, price has to break wave (B) to confirm its bull trend.
Trade Setup
Entry: Pullback
Invalidation: wave 2 can never overlap the starting point of wave 1.
Note: Never trade without confirmation.
Short-term traders can trade for the following targets: 172-180
Positional targets for 5th wave: 187 - 200 - 230+
I will update further information soon.
DEVYANI | Good for Long NSE:DEVYANI
Cmp : 170.95
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So trders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
DEVYANICMP - 160
SL - 152
Target - 170, 180, 190+
Safe players buy on closing above TL
ie.., on closing above 162
INTRADAY for DEVYANI !!!#WEDNESDAY#
NSE:DEVYANI
Follow @VK2413
BUY
{
TRIGGER PRICE:-156
TARGET:-160-165
SL:-152
};
SELL
{
TRIGGER PRICE:-152
TARGET:-147
SL:-157
}
WHY INTRADAY in DEVYANI ??
{
HISTORY REPEATS IN STOCKMARKET!!
it's at its CRUCIAL level.
either it has to SHOOT UP OR further FALL to its BEST SUPPORT LEVEL(141).
chances are more in favor of SHOOTING UP from current level because of its good revenue...
BUT careful it formed a long legged DOJI !!!
According to my research and knowledge, it's going to boom for Short-Term.
}
Like👍 , Follow @VK2413 ,🙏 Share love ❤️ ;
} HAPPY TRADING;
H & S pattern on the trendlineThe results are awesome, but the market isn't :P so 162 levels are best level to make average or fresh buy
cup & handle broke due to nifty crackin
Prediction: nifty also in bad mood right now so devyani will come to 162 again and will go up with triple bottom is formation this time
buy at 162
target 200
only long term players
DEVYANI _ SHORT TERM TRADEBased on the double bottom pattern, please maintain stop loss according to your risk
DEVYANI @ SUPPORT LEVEL!!<#TUESDAY>
<#INTRADAY>
{
if it breaks 164
{Buy:devyani
164 is its very good support
TARGET:-168-170
SL:-160
}
else
{ it will fall further
tomorrow if the market opens gap-down
then,
short:-devyani
trigger price:160
TARGET: 155
STOP LOSS:165
}
} HAPPY TRADING;
Devyani ,Elliot wave, swing tradeflat correction after 5 impulse wave completed. new impulse is started , 50 ma support , target - previous high or upto 210
Devyani International Trend lineDevyani trading near its 20 days EMA. near time it can touch 20 EMA and then there is a possibility of bull run. we can take buy position if RSI above 60 and if there is breakout of ascending triangle on chart.
Devyani international with volume buzzjust an idea NSE:DEVYANI
target 200+ so take your position with your risk apetite.
DEVYANI - Strong rally possible if good results. Devyani - Strong rally on cards if supported by good results.
DEVYANI : CHART LOOKS GOODSimple Price and volume supporting
TGT - 200 & 250+
SL - 160
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
Devyani Long Position exit LevelDouble top pattern observed, Exit from the long position if stocks starts trading below the marked level in next 2-3 trading day. .
Devyani International🔹Long term GemEntry possible @160-170 range
support @160-63 range
expecting good growth in the compny.
🔹 Devyani International
Devyani International is the largest Franchisee of Yum! Brands and operates the highest outlets of KFC, Pizza Hut, Costa Cofee in India, and the company is the largest operators of quick-service restaurants chain in India. It operates 655 stores across 155 cities in India, as of March 31, 2021
study🙏
