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Devyani-A risky support bounce trade!

Long
DEVYANI INTERNATIONAL LTD (NSE:DEVYANI)  
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NSE:DEVYANI   DEVYANI INTERNATIONAL LTD
Trend Analysis Chart Patterns DEVYANI channeltrend support bounce priceaction Morning Star chartanalysis Technical Analysis
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trendanalysis chartpattern devyani channeltrend support bounce priceaction morningstar chartanalysis technicalanalysis
Devyani is looking a good candidate for support bounce
Logic:-Stock is trading in channel. The price action is impressive but a confirmation is not still visible.
The stock has delivered poor results and is available at PE multiple of 138x.
Only risky traders should be interested in this.
Commentaire:
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