© 2025 Partha Kuchana. All rights reserved. Unauthorized reproduction or distribution is strictly prohibited. Visit
ParthaKuchana.com for more information.
Avanti Feeds Limited (AVANTIFEED) Stock - Complete Technical Analysis - Nov 13, 2024
"Avanti Feeds Stock Analysis Key Support & Resistance Is a Reversal Coming"
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.
Avanti Feeds Ltd (AVANTIFEED) is trading in a corrective phase at 565, down 28.7% from its 52-week high. Given recent price action, the stock shows a bearish-to-neutral trend, with the RSI reading of 40.26 approaching oversold conditions, hinting at a possible near-term bounce. However, MACD remains in the negative zone, signaling continued downtrend pressure. ADX is neutral at 31.9, suggesting the lack of a strong trend, making it crucial to watch for breakout or breakdown levels. With Awesome Oscillator and Williams %R also signaling potential weakness, the technical landscape indicates cautious trading. The prices placement below key EMAs, especially the 20 and 50-day averages, adds to the bearish outlook. For reversal watchers, a move above the 20-day EMA could spark short-term momentum, but key resistance levels near 590 and 610 must be tested for a true shift in sentiment.
Support is expected around 538 based on classic pivots, where buyers might step in, while the next resistance level of significance lies around 590, with potential for further strength only if there is a breakout beyond 610. Given recent lower highs and lows, the focus remains on whether the price can stabilize above these supports without triggering additional selling pressure. Traders may look to play on these levels, keeping an eye on volume for hints of any trend change.
Visit My YouTube Channels for More Content:.
Channel 1 :
ParthaKuchana : For video tutorials on tech, career advice, industry insights, global military tech.
Youtube Channel Link :
View Channel
Youtube Channel Subscription Link : Mention channel subscription link :
Subscribe
Channel 2 :
Partha Kuchana - Finance: For in-depth stock market analysis, technical and fundamental analysis of stocks, investment ideas, and tips.
Youtube Channel Link :
View Channel
Youtube Channel Subscription Link : Mention channel subscription link :
Subscribe
Channel 3 :
Partha Kuchana - Stock Analysis : For in-depth stock market analysis, technical and fundamental analysis of stocks, investment ideas, and tips.
Youtube Channel Link :
View Channel
Youtube Channel Subscription Link : Mention channel subscription link :
Subscribe
Follow me on X :
@ParthaKuchana
Join my Telegram Channel :
ParthaKuchana
© 2025 Partha Kuchana. All rights reserved. Unauthorized reproduction or distribution is strictly prohibited. Visit
ParthaKuchana.com for more information.