Devyani International Ltd.
看多

Devyani analysis Buy activated

690
Devyani International Limited (DIL) is the largest franchisee of Yum Brands in India and is among the largest operators of chain quick service restaurants (QSR) in India. In addition, DIL is a franchisee for the Costa Coffee brand and stores in India.
If we look at the chart:
The stock has broken out to upside. and expected to move higher high.
Reasons:
  1. It has broken Falling wedge pattern to upside. (Bullish)
  2. It has been consolidating for 8 months and now ready to move to upside. (Bullish)
  3. RSI crossing 60 to upside means bulls are in the control of the market. (Bullish)
  4. Price > EMA(13) and Price < EMA(200), good point to enter to bull side right now. (Bullish)


Verdict: Strong BUY

Plan of action:
BUY: 165
Target: 190
Stoploss: 158

免責聲明

這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。