Devyani - Cup PatternDevyani International Ltd.
Forming a CUP Pattern in Daily Timeframe.
50-day SMA crossed 200-day SMA from below.
Within 52 week high zone.
Outperforming Sectoral Index.
Making Higher Highs for 2 days.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
DEVYANI trade ideas
Amazing breakout on WEEKLY Timeframe - DEVYANICheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
DEVYANINSE:DEVYANI
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Mangement and Risk Appetite.
Disclamier : You are responsible for your profits and loss.
The idea shared here is purely for Educational purpose.
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DEVYANI CMP 170DEVYANI International support a support trendline and making higher lows. We can see this for a Swing trade .Low Risk High Reward Setup is making.We can see next levels from here- 180......190......200.Analyze Before entry.See how it perform from here in coming days.Thanks for support.
mega Star Double CandidateThe accumulation/distribution (A/D) line gauges supply and demand of an asset or security by looking at where the price closed within the period’s range and then multiplying that by volume.
The A/D indicator is cumulative, meaning one period’s value is added or subtracted from the last.
In general, a rising A/D line helps confirm a rising price trend, while a falling A/D line helps
Devyani International can give a tasty breakout. Devyani International Ltd. engages in the development and operation of quick service restaurant. It operates through Within India and Outside India segments. The company manages brands like Costa Coffee, KFC, Pizza Hut, Vangoo and The Good Street.
Devyani International Ltd. CMP is 172.37. The Positive aspects of the company is Company with Zero Promoter Pledge and increasing revenues for last 4 Quarters. Book value of the share is also increasing for the last 2 years. The Negative aspects of the company are extremely high Valuation (P.E. = 644.2), Companies Increasing Debt as per Annual Report, Declining Net Cash Flow : Companies not able to generate net cash.
Entry can be taken after closing above 174 Targets in the stock will be 181, 188 and 198. The long-term target in the stock will be 205, 218 and 223. Stop loss in the stock should be maintained at Closing below 167 or 158 depending on your risk taking ability.
Disclaimer: 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.
Key Support & Resistance Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Key Support & Resistance Breakout. Stock has give Breakout of Resistance level. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
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!🥂
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 ✌🏻
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.
DEvyani AnalysisPleasure to have you here. This is an investment analysis done for the Tickr, and potential in the Technicals.
In this Daily Chart , the chart has been slightly in uptrend and as soon as it crosses its resistance, we will decide to make a position in the stock,
if you like the idea please like the post :) It will be a motivation to further such ideas.
Disclaimer Note:-
1) This is just an analysis setup and no advice to trade/trade
2) If you are making position, please have your risk to reward analysis and then enter.
3) The analysis and target shared does not mean i trade in them, entry and exit depends on the market open and other factors.
DEVYANI INTERNATIONALBreak out with gud volume. if this stock makes some consolidation at this price range and this weekly candle closes then it may have gud target.
all the break out condition are satisfied.
conditions are
1. elephant candle
2. absence of opposite party
3. Gud volume
4.Break out at all time high.
it has gud potential upside target. follow strict sl & proper risk reward ratio. this is the only holy grail in the market.
$NSE:DEVYANI possible uptrend continueDEVYANI INTERNATIONAL LTD
There is possibility of uptrend continuation in the future. have given the strategies that I would go with for both short and long trades.
Expecting to reach Rs. 250 - 275 anywhere by year 2024
Note: Trade with caution! Do not trade solely based on my strategies, these are just individual ideas, kindly consult your investment advisor before taking trades.