AAVAS trade ideas
AAVAS viewsAs disclosed in the chart drawing, I have tried my best to keep balance in-between my instinct and popular indicators. This time I have tried using super trend with default. trading view settings.
I feel there is character change in price action today, in this script. So, I will watch it further with keen interest.
It will be in my watch list for study purposes.
AAVAS - Potential SWING Trading Entry to go LongOBSERVATION FOR Swing ENTRY :-
>> Currently, Stock trading at 1890 and moving towards Price Engagement area of Rs.2000.
>> Stock is currently at both Secondary and Minor Trendline's Resistance around 1900.
>> If the Stock breaks both resistance and move above price engagement area of 2000 , then it is good opportunity to BUY and take entry for SWING after 2000
>> Good Entry for Swing - Buy after Rs.2000.
>> 2000 acted as Previous SWING HIGH earlier at DEC'2019
>> Also there was a good breakout with Volume after stock crossed 2000 Rs at Feb'21
AAVAS Financiers Ltd Trend AnalysisRobust and consistent financing margin behind good profit growth of 44.2% CAGR over last 5 years.
Technically bearish and price may bounce near important key level at 1430 as highlighted.
The technical target of H&S pattern highlighted is somewhere around 1480.
Good to accumulate around 1350-1500 levels for the following targets:
Medium term swing target @ 2330 (55% ROI)
Long term swing target @ 3300 (120% ROI)
Long term positional target @ 4500 (200% ROI)
Do your own due diligence before taking any action.
Peace!!
AAVASNSE:AAVAS
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AAVAS M15Bearish GARTLEY for SCALPING TYPE 2 Entry ,Earlier this same GARTLEY given good reaction on Type1 entry & hit Targets ,now price again reached PRZ making its a TYPE2 Entry which is REVERSAL
Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying..
SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short
POTENTIAL SELL
Aavas financiers ltd is a strong shareWith the market falling continuously ,Aavas financiers Consolidated between the range of 1463.20 and 1380.15. it didn't fall with market which shows that it is a strong share ,My view is this that if it crosses the level of 1463.20 then we should buy it.
Aggressive trading should also be avoided during election times.