As of now, Avanti Feeds is in a rising trend channel in the medium to long term and price data shows that investors over time have bought the stock at higher prices and indicates good development for the company.
The stock has broken a resistance level in the short term and given a positive signal for the short-term trading range. There is no resistance in the price chart and further rise is indicated.
Avanti Feed Stop Loss Level
In case of a negative reaction, the stock has support at approximately Rs 450. Volume has previously been high at price tops and low at price bottoms. This strengthens the trend. The stock is overall assessed as technically positive for the medium to long term.
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