AVANTIFEED - 6.5 Yeas Downtrend Breakout
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Avanti Feeds Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Downtrend since (November, 2017). Now It has given a Downtrend breakout & Closed with good volume & good bullish momentum candle in weekly Time Frame.
3) The next resistance would be around the price (770 - 25.10% from the price 615.40). Followed by this, The stock may reach it's Previous Life Time High (980) in the long term.
5) Recommendation - Strong Buy
1) Time Frame - Weekly.
2) The Stock has been in a Downtrend since (November, 2017). Now It has given a Downtrend breakout & Closed with good volume & good bullish momentum candle in weekly Time Frame.
3) The next resistance would be around the price (770 - 25.10% from the price 615.40). Followed by this, The stock may reach it's Previous Life Time High (980) in the long term.
5) Recommendation - Strong Buy
Trade chiuso: obiettivo raggiunto
As mentioned previously, The given target of (770 - 25.10%) from the given price (615.40) is achieved.
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