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DEVYANI

Moving Averages + MACD Crossover - DEVYANI 📊 Script: DEVYANI 📊 Sector: Quick Service Restaurant 📊 Industry: Hotels Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving Breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving crossover. 📈 Right now RSI is around 70. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 170 🟢 Target 🎯🏆 - 191 ⚠️ Stoploss ☠️🚫 - 160 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:DEVYANILong
by radha_23
Devyani: Looks like its Pizza Hut time!Hey there, Welcome back to a new case study. Here is everything you need to know about NSE:DEVYANI : - Devyani had a tepid journey so far since its IPO. - The price stayed in a 50 point range for the last 20 months - It defined support and resistance zones that were actually respected. Both bulls and bears have been trapped by the break of zones a.k.a. False breakout - For the past 2 months, the price is consolidating at the resistance zone which is a huge plus - The small bodies and big wicks show clear indecision. The volumes dried out during this phase. That usually happens when the price consolidates. - It also has a 200 psychological level adding to its resistance - Do give us a 🚀 for our efforts as it takes a lot of time to compile these pointers - Stock is trading at 24.3 times its book value while the stock PE stands at 116 - A quick PE comparison at the same price point shows that the stock has gotten expensive (This is relevant if you invest with a long-term perspective. Trading is a game of momentum) - A good close and sustenance above the resistance zone can bring momentum on the upside. What do you think will happen next? Have Requests, Insights, or Questions? Let us know in the comments below.👇 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
NSE:DEVYANI
by TheChartereds
2
Devyani International trying to capture a market traditionalDevyani International Ltd. is a multi-dimensional comprehensive quick service restaurant (QSR) player in India. The Company is primarily engaged in the business of developing, managing, and running QSR and food courts for brands such as Pizza Hut, KFC, Costa Coffee, Vaango, The Food Street etc., and retail stores of TWG Tea. Devyani International Ltd CMP is 186.75. The Negative aspect of the company is High Valuation (P.E. = 126.9), MFs are decreasing stake, Promoter Holding decreasing. The company's Positive aspects are No debt, zero promoter pledge, FIIs are increasing stake, improving annual net profit, Improving cash from operational activities etc. Entry can be taken after closing above 190. Targets in the stock will be 198 and 213. The long-term target in the stock will be 220. Stop loss in the stock should be maintained at Closing below 174. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:DEVYANI
by Happy_Candles_Investment
DEVYANI - RESISTANCE BREAKOUT 📊 Script: DEVYANI 📊 Nifty50 Stock: NO 📊 Sector: Consumer Service, Restaurants 📈 Devyani was facing resistance at 175 level but It has break it. 📈 Crossover On MACD . 📈 Crossover On Double Moving Average. 📈 Right now RSI is around 67. 📈 One can take a swing trade on it. 🟢 Target 🎯🏆 - 194 ⚠️ Stoploss ☠️🚫 - 166 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
NSE:DEVYANILong
by radha_23