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...
BUY AVANI FEEDS NOW. 344.70 TARGET = WAIT FOR MY UPDATE
time to accumulate with small stop loss below 350
Descending 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.
Stock is in bear grip and may go as low as 1300 where there is support.
AvantiFeeds possible Fibonacci Support @ 1433
Avanti Feeds possible Fibonacci Support Level @ 1433
wait for a correction to enter in the 500-550 zone.....stock in bullish uptrend