Avanti Feeds Long Side IdeaAs my analysis, BSE:AVANTI has been given a strong breakout and sustained above level of 412.
Best level to take positional entry could be 413 with stop loss of 386 (-26 points risk). My expected upside target would be 470 (+57). This could be low risk and high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
AVANTI
AVANTIFEED BUY IDEA 01.02.2023India 2023 Budget will be beneficial for NSE:AVANTIFEED . As per my analysis, buy level is 400 with stop loss of 375 (-25 Points risk only)
My up side target will be 499.00 (+99 Points gain)
Note: This is my personal analysis, only for learning. Thanks.
AVANTIFEED - Triangle breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Been in Consolidation Phase for a while Looks good at 563+Been in Consolidation Phase for a while and Looks
Good above 650 for the next resistance on level 727
AvantiFeeds - 3 yr TrendlineAVANTIFEEDS is looking strong, on the verge of BO of 3 yr long trendline.
- Trending stock in daily Timeframe
- Weekly RSI levels have crossed 60
- One can see Ascending Triangle Formation as well on the chart.
All the key levels are mentioned in the chart.
One can go long here or in dips around 520-550 levels with SL 465 WCB
AvantiFeed_an educational viewTriangular Pattern
Possible Breakout Before August, 2021.
T1: 660, T2: 760, T3: 830, T4: 960
T5: 1100 (Before Dec, 2021)
480-520 would be Immediate Support Zone
550-520 would act as Immediate Resistance Zone.
Only an educational view
Avanti feeds - Range BoundAvanti feeds trading in a range of 370 - 450 from past 1 month.
The range break will decide the further trend in the stock, till then i am keeping it my watching list as it could be a good breakout trade sometime soon.
Avanti feeds ready for 600The stock jumped from 300 level and looks like its heading to make new highs with immediate target 600-650. Good luck
Avanti looks like it might be getting ready for something.This looks like a perfect example for a count that might actually play out on the hyperwave structure. As you can see this movement down from ATH looks more like a WXY (3-3-5) , with an ending diagonal indicating an end approaching to this downplay. My target for Z of this larger Y is below that gap near INR 300-330 range which yet to be filled. It'll be ineteresting to see if it gives an impulse after that or its an extension of this correction phase. My upside targets for this 3rd hyperwave are between 1.414- 1.618 Fib extension levels of hyperwave 1.
Any other possible turn out of envent would require this equity chart to be recounted.
This is not a financial advice and just how look at it . People might have their own opinions and it good to have them but trade on them only when you have some confirmation to it .
Thank you
Avanti FeedsDescending Triangle Pattern: Sell:363, Target: 244; SL:425
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
