Big Resistance is broken in Monthly ChartsAaavas Finance has tested the resistance line.
Now on the monthly charts it has broken the resistance and closed above it.
Finance sector is a bit stronger sector currently.
Bullish on this stock.
AAVAS trade ideas
aavASAavas Financiers said the launch of Pradhan Mantri Awas Yojana (PMAY) 2.0 scheme, including the interest subsidy scheme for urban housing, will be pivotal in improving loan accessibility for economically weaker sections and low-income groups, empowering countless individuals to realise their dreams of homeownership. This bold initiative reflects the government's steady commitment to ensuring that every Indian has access to safe and affordable housing, driving inclusive growth and prosperity for all.
in the past two months, the stock price of Aavas Financiers has outperformed the market by surging 20 per cent as the company’s Assets under Management (AUM) grew by 20 per cent year-on-year (Y-o-Y) and stood at Rs 19,238 crore as on December 31, 2024 (Q3FY25). Disbursements during Q3FY25 grew by 17 per cent Y-o-Y and 23 per cent sequentially to Rs 1,594 crore. Further, in the April to December 2024 period (9MFY25), disbursement grew by 11 per cent Y-o-Y to Rs 4,099 crore.
Aavas Finance Build Bullish Trend 1. **Aavas Financiers Ltd.** is a leading housing finance company in India, primarily catering to low- and middle-income customers in semi-urban and rural areas.
2. The company was incorporated in 2011 and is headquartered in Jaipur, Rajasthan.
3. It provides home loans, mortgage loans, and related financial services to individuals who lack formal income documentation.
4. Aavas Financiers follows a customer-centric approach, offering customized loan solutions with flexible repayment options.
5. The company has a strong presence across multiple states in India, with an extensive branch network.
6. **Management Team:** The company is led by CEO **Vishal Pagaria**, with a professional leadership team overseeing operations, finance, and risk management.
7. Aavas focuses on leveraging technology and digital platforms to enhance loan processing and customer experience.
8. The company has received strong credit ratings due to its robust asset quality and risk management framework.
9. Aavas Financiers has shown consistent financial growth, with a focus on sustainable lending practices.
10. The company is listed on the NSE and BSE, with a commitment to transparency, governance, and long-term value creation for stakeholders.
Aavas finAll is well
Good day
Just my view and educational purposes only I'm not a SEBI registered advisory...trade on your own risk.
This is simple ORB Strategy with volume breakout..i will enter EOD 3.25pm if the price trade above the blue line and after entry I will wait for my target or stoploss (D candle should close below the red line) in valid if direct not triggered and closed below red line..
Just a view educational purposes only
AAVAS Likely to Head HigherAavas is looking good. better to wait until it breaks the strong resistance zone and add on the breakout.
If it breaks the red zone with solid volume then it will be a solid buy.
AAVAS Breakout Watch – Ready for a Bullish Surge?➡️ Resistance near ₹1,932 – Waiting for a bullish breakout
➡️ Next targets: ₹2,049, ₹2,410 on the upside if breakout occurs
# AAVAS NSE DTF/WTF/MTF Range Breakout Confirmation POSITIONAL ONLY.
#AAVAS Financials NSE has Broken Out of a Range of 64Weeks or 15months, WYCKOFF Cycle Typical with Accumulation after a Downtrend
The 50 EMA Golden Crossover on 6th June ...
The Price is now Ready for Entry @1870 -1900 Price,Strong Support 1690 SL at 1800
Targets 1900, 2400, 2630.. All Time High 3340...
AAVASNSE:AAVAS Weekly chart showing double bottom breakout exactly near our location with buyers and macd crossover, after the long period of time.
Rouding bottomstoploss 1754 target previous resistance 1900\
Disclaimer: Not a Financial advice. Do your own research before entering positions
SWING IDEA - AAVAS FINANCIERSConsider a compelling swing trade opportunity in Aavas Financiers , a leading housing finance company in India.
Reasons are listed below :
Bullish Marubozu Candle on Weekly Timeframe : Aavas Financiers shows a strong bullish candlestick pattern, indicating robust buying pressure and potential upward momentum.
Engulfing 22 Weekly Candles : The stock's bullish momentum is evident by engulfing 22 previous weekly candles, signaling a significant shift in market sentiment.
Breakout from 5-Month Consolidation : Aavas Financiers breaks out from a 5-month consolidation phase, suggesting a breakout from range-bound trading and potential sustained upward movement.
Formation of Double Bottom Pattern : The absence of new lower lows and the formation of a double bottom pattern suggest a trend reversal and bullish sentiment.
Sudden Surge in Volumes : A notable surge in trading volumes indicates increased market interest and potential accumulation by investors, supporting the bullish outlook.
Target - 1815 // 2400
Stoploss - weekly close below 1300
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SWING IDEA - AAVASPrice action has recently shown a good change from Lower High Lower Low to starting with Higher High to Higher Lows.
MACD has successfully made a cross on the Monthly charts too indicating a good momentum upward.
Weekly MACD cross looks healthy too.
Marubozu candle on 1st week of April indicates a good move too.
Stock exactly trading above recent Marubozu candle levels as well.
Lets Go!!!
Down by 55% now, one should you buy or avoid it !Here in Aavas Financiers are already declined by 55% in the last few months and currently trading at the 1353 level with strong support at 1335 & 1330. Look like it will take reversal from this level now and again fly high for a strong target as below :
Buy Above 1385 level on a closing basis
Target 1 - 1510
Target 2 - 1588
Target 3 - 1700
Strict Stop loss - 1300
Please consult your financial advisor before taking any trade on my analysis.
AAVAS - Breakout after 1.5 yearsThis is no different than my other setups. Look at the volumes that show accumulation in the basing period.
Entering into stage 2 is the best time to get into the stock.
Review and plan for 13th June 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Aavas.. on the reversal path.. Double bottom indicates bullish reversal at the bottom.. one can enter with stoploss closing below double bottom support weekend close bias
aavasMortgage bank lender's assets under management (AUM) up 22% y/y as of March-end, disbursements up 20%
** Citi believes AVAS can maintain margins despite rise in financing costs, sees AUM rising 24% in FY25 and 25% in FY26
** Jefferies maintains "Buy", with PT of 1,940 rupees; says it sees growth improving on the back of tech rollout, other initiatives
I am BULLISH on AAVAS!!!Taking a long position regardless of the bearish pattern!
The stock is down over 50% from its all time high and seems consolidation done!
Long in it!
Target-2200
Above that TSL!
Opportunity in Aavasstock near its support level and tasted it a couple of times already. Chances are high that it will break above the 1500 level soon and then can head towards - 1700-1800
However, the resistances are visible on the chart.
Crown pattern in makingExpecting Aavas to touch 1630/1800 levels in few weeks, that is 10 to 20 % upside possibility from current levels
Stop loss is 1440
aavas levels aavas again recommending for swing trade in short term above 1591 closing stock is in an upward direction till 1800 level
Bottom fishing in Aavas finance!Aavas finance is a Nifty500 stock which has been taking a support on trendline.
Recently the stock has shown good volume accumulation near the trendline and jumped from the same.
The stock looks good technically as a buy on dip candidate uptil 1450 with a SL of below 1355 DCB.
The targets are 1750,2000++.
Idea is shared for educational purposes and should not be considered as a recommendation.
Aavas Financers looking positive.Aavas Financers Ltd is into housing finance company. The company is known for providing home loans in rural and semi-urban locations of India. The company received Rs 345 crore investment from International Finance Corporation recently. Aavas Financers has in past signed an agreement with Asian Development Bank for receiving loan amount of $60 million specially targeting the 'women in lower income group’.
Aavas Financers Ltd CMP is 1695.50. The Negative aspects of the company are High Valuation (P.E. = 29.80), declining cash from operations annual, FIIs are decreasing stake. The positive aspects of the company are Low debt, zero promoter pledge, Mutual Funds are increasing stake and improving annual net profit.
Entry after closing above 1700. Targets in the stock will be 1742 and 1809. Long term targets in the stock will be 1860+. Stop loss in the stock should be maintained at closing below 1600.
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 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.
