Avanti Feeds Limited

Avanti Feeds move after breakout and long consolidation

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Avanti Feed has been forming the triangle pattern and gave the breakout move in Jan 24 after crossing the levels of 470. Since then it has been in the consolidation phase after its retracement and shows good signs of up move.

With the current momentum I am expecting it close to double. My levels to watch are 668-748-833 and can give even more based on market conditions. Base levels of 435.

No recommendations, just my view based on chart pattern.

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