Buy Avanti Feeds Ltd For Target Rs.930 by Jainam Share Consultants
Avanti Feeds Ltd
Buy Avanti Feeds Ltd CMP 832 Buy Price 832 Target 930 Stop loss 778 Holding Periond 30 Days
* The stock price trading at Rs. 832 on 16 DEC 2025.
* AVANTIFEED has formed a Flag and pole pattern on the daily chart, indicating a potential bullish continue pattern. The stock also confirmed a Double Bottom breakout, strengthening the overall bullish structure.
* The pattern was decisively broken with strong volume, confirming the breakout. Post breakout, the stock is showing strength and is currently trading above the 20-day EMA, 50-day EMA and 200-day EMA, indicating a positive shift in trend.
* Momentum indicators further support the bullish outlook. The RSI is trading above 60, reflecting strong buying momentum and confirming the sustainability of the breakout.
* Based on the current price action, we expect the stock to move higher toward the Rs.910-Rs.930 levels. A stop loss can be maintained at Rs.778 to manage risk effectively.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
