DEVYANI
🔹 Range-Bound Structure:
The stock has been consolidating between ₹134 (support) and ₹227 (resistance) since 2022.
🔹 Demand Zone:
Price is currently approaching the demand zone, indicating potential accumulation.
🔹 Trade Plan (My View):
Stop-Loss: ₹134
Breakout Level: ₹227
Expectation: A strong upside move if the price gives a clean breakout above ₹227 with volume.
⚠️ Disclaimer:
This analysis is for educational purposes only.
Please consult your financial advisor before making any investment decisions.
🔹 Range-Bound Structure:
The stock has been consolidating between ₹134 (support) and ₹227 (resistance) since 2022.
🔹 Demand Zone:
Price is currently approaching the demand zone, indicating potential accumulation.
🔹 Trade Plan (My View):
Stop-Loss: ₹134
Breakout Level: ₹227
Expectation: A strong upside move if the price gives a clean breakout above ₹227 with volume.
⚠️ Disclaimer:
This analysis is for educational purposes only.
Please consult your financial advisor before making any investment decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.