This is IPO based strategy.
Price is trying to break above issue price. It has completed short consolidation. We can see at least 1: RtoR from here.
Entry @CMP 149 Target 181+ SL 143.
Also Analyze other recently listed IPO in same fashion.
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research for my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do your own research and also do take advice...
Devyani International is a service provider to KFC and Costa Coffee, one of the leading retail food business.
CMP 130
SL 105
Target 155/160
Note: Sales rise 124.43% to Rs 516.08 crore. Net profit of Devyani International reported to Rs 45.70 crore in the quarter ended September 2021 as against net loss of Rs 66.70 crore during the previous quarter ended...
DEVYANI LONG VIEW
Showing strength from support
Current POC: 126-128 Level
Good volume addition
If break POC Level, upside momentum expected
Buy above 130 SL: 115-120 TARGETS: 140/150+
*For educational purpose only
buy above 130
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is...
Devyani: Triangle pattern (Time frame- 1Day)
.
Chart time frame -1 Day
Trade type -Short term
Duration - 2 months
Entry - 116
Target 1 - 128
Stoploss - 110
Risk : Reward - 1:2
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Disclaimer: All charts are purely for educational and information purpose only. I am not...
🛑 Devyani / KFC i think this Is not up to the mark with Results , we have to avoid going long on this until it breakout of 145- 150 until then we can't take any decisions on this because volumes were so low , by the way one can go short on this by selling at 100-105 region if it breakdown the 110 -111 zone where it is the crucial support zone for it , once it...
