Aavas Financiers Ltd.
לונג

Aavas Financiers - Technical Analysis - Short term opportunity

207
Current Price: ₹1869.30
Target: ₹2050+
Entry Range: ₹1860 - ₹1885
Stop Loss: Below ₹1800

Indicators & Moving Averages:
The stock is trading above key exponential moving averages (21-day, 50-day, and 200-day), indicating strong momentum and bullish sentiment.

The 21-day EMA crossing above the 50-day EMA suggests an upward trend continuation, especially with the price bouncing from the support levels.

Support & Resistance:
Support: ₹1800, which acts as a critical level to prevent further downside.
Resistance: Around ₹2000 - ₹2050. Once this level is breached, further upside is expected.

Outlook:
Given the strength shown on the chart, with multiple indicators aligning to support the bullish view, Aavas Financiers could see an upward rally, provided market conditions remain favorable. The risk-reward ratio seems promising with a well-defined stop loss, making this a potentially attractive setup for swing traders.

כתב ויתור

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