Waiting For breakout !!!Buy low and sell high simple, near breakout for hourly chart. Taking strong support on trendline . Don't miss this but wait for support and then buy. Can give breakout on daily chart in near month. Happy Trading!!!
AVANTIFEED trade ideas
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.
Wait and watch :Buy on dipsAccording to
1. MACD, it is still bearish and tending to bullish probably in the next week.
2. RSI bearish but picking up steam.
3. The stock seems to me under uptrend
Let's wait and watch the behaviour next wee and buy on dips
Value investing 1: Avanti Feed% Debt of Market capital: <1% (Negligible debt)
PEG: 0.44 (Slow growth)
Beta: 1.66 (Volatile)
Fair value: 631.17 (Compare with current price)
Key buying/support level: 339.10-266.55-212.15
Fundamentals: www.fundata.in
Value Investing 1: Avanti Feed % Debt of Market capital: <1% (Negligible debt)
PEG: 0.44 (Slow growth)
Beta: 1.66 (Volatile)
Fair value: 631.17 (Compare with current price)
Key buying/support level: 339.10-266.55-212.15
Fundamentals: www.fundata.in
Sell SignalAs per Chaikin Ocsillator, the line just crossed below 0. Also the MACD is low the signal line. EMA line is acting as resistance now (in purple) in 1D chart.
huge correction after announcing quaterly earning releasedafter announcing today earning result there is huge correction occur due to budget sentiment .. take long position and wait for recovering
Budget20 #1 AvantiFeed - Uptrend stop below 600Budget 2020 Benefited stock # 1
Avantifeed founded in 1993, Hyderabad.
Subsidiaries: Avanti Frozen Foods Private Limited, Srivathsa Power Projects Pvt Ltd, Avanti Thai Aqua Feeds Private Ltd.
Returns - MOnthly - 10% , Quarterly - 48% and yearly - 98%
AVANTI FEEDS LTD CMP.550 I bought at 550 Avanti feeds. Avanti feeds after consolidating around 500 to 550 levels seems to be touch more highs. Short term view will negate if it goes below 490. long term view will negate below 253 levels. Now Avanti feeds coming to TURTLE TRADING strategy. BEARS TO BULLS . Waiting for green tick on daily chart. Any fresh position start buying partly at this levels cmp.550 add more on upside with stop loss of 480. Strong resistance at 572 levels.
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
BUY AVANI FEEDS NOW. 344.70 TARGET = WAIT FOR MY UPDATE BUY AVANI FEEDS NOW. 344.70
TARGET = WAIT FOR MY UPDATE
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.
