Turning bullishIf it crosses 432 on closing basis today, one can have a 500+ target in intermediate term
AVANTIFEED trade ideas
Possible buy for Avanti feedsBuy at CMP
SL 370
Minor tgt 585
Major tgt 598
Final tgt 624
Time frame: 2 months
Avanti - Bounce back or continue fall ?Current levels are converging with 200 EMA
As seen from the previous bullish trend, it can bounce back or continue the trend reversal it has shown earlier.
Next one session might tell the story
Overall BearishFilling Bullish Gap and may find support at 305 levels.
Next support at 205-225 levels
above resistancejust at the cross hair zone of 4/1 ascending angle on today closing. tomorrow closing above 348 will make way for bullish run up to 420
Avanti Feeds Going towards Rs 220. Wait and watch, Crash landingIf anyone holding then consider selling here at Rs 327 and buying back again at 220.
Avanti feeds | worth to Invest ?This is my opinion on Avanti feeds for the investors
this company is in the business of prawns and shrimp and related feeds.
very briefly I will tell you why I'm not interested in Avanti
in this business, quality plays its measure roll.most of the earning comes from the USA and other European countries.
Indian companies were compromising with the quality and using some kind of chemicals (for cultivation and quality purpose) which are banned in the USA.
And the main problem is the moat.
this industry is having low competition, if someone wants to start this business he can go very easily not others like an oil refinery, dmart , specialty chemicals etc.
im not seeing any moat in this business, more and more competitors will be there and because of that companies will have to cut the margins to stay in the market.
Thank You!
Avanti FeedLONG term player keep resistance in mind while short term player can enter with 300 as stoploss
Avanti Feeds - CrashI am not holding it but incase you're. Please exit the stock right now as it should fill the gap. Buy again if that line is broken
Bottom base formation is in progressSupport is at 321, resistance at 380, if 380 is crossed then the target is 500 in intermediate term. If 500 is crossed, the next target is 875-900
Avanti Feeds - TrendLine Breakout (Seems to be a false one)Trend Line Breakout, but follow up buying was missing followed by poor results today.
The Stock might break down, let's see the market reaction.
Avanti feeds descending triangle triangle possiblityIt appears that Avanti feeds is forming a descending triangle pattern
