<#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 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.
Simple 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...
Entry 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...
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
This is a very good stock to trade and respects its trendlines...supports and resistance.
If this stock breaks the trendline then buy it at 100 Ema in 4 hr timeframe which is around 160 levels.
DEVYANI , stock pick as positional buy due to technical bullish indication on Hourly chart.!! one can have buy position at cmp 171-172 for short term target 185-190 ( 8-10 days ) around 10-20% profit margin .!!
BULLISH TECHNICAL INDICATORS.
>> STOCK has at trend line support,as well as at 200 SMA support on hourly chart,
>> Stock has bullish breakout at...
DEVYANI stock has again taken support near 164 and looking good for the target of 172-175. Please do your own study before any trade. I may be wrong at any point of time.
DEVYANI INTERNATIONAL LTD
Head & Shoulder pattern
1)Looks good above 155 (after a neckline breakout)
2) T1 - 165 & T2 - 175
note**
should go long only after a neckline breakout
