Stock Radar: Avanti Feeds stock breaks out of Ascending Triangle pattern, but is still down 17% from highs
- Posted on December 25, 2024
- By Business News Today
- 5 Views
Stock Radar: Avanti Feeds stock breaks out of Ascending Triangle pattern, but is still down 17% from highs
The stock hit a record high of Rs 791 on August 9, 2024, before slipping 17% to close at Rs 655. After testing Rs 540 in October, it rebounded and broke out of an Ascending Triangle pattern, indicating renewed bullish momentum as buying pressure overtakes selling pressure.