AVANTIFEED trade ideas
AVANTIFEEDNSE:AVANTIFEED
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
avanti feedsAvanti has started its commercial operations in 1993 under the able leadership of Late Sri Alluri Venkateswara Rao in technical collaboration with Pingtai Enterpries, Taiwan. Later his son Sri Alluri Indra Kumar expanded the capacity and enhanced technical and marketing capabilities by bringing on board Thai Union Frozen Products PCL., Thailand, the world's largest seafood manufacturers and also having Feed Mill and Prawn Hatchery in Thailand. Today, Thai Union is closely associated with Avanti Feeds with equity participation, technical collaboration and marketing tie-up in India.
Business area of the company
Avanti Feeds is the leading manufacturer of Prawn and Fish Feeds and Shrimp Processor and Exporter from India. Avanti Feeds Limited has established joint venture with Thai Union Frozen Products PCL., the world’s largest seafood processors and leading manufacturer of prawn and fish feeds in Thailand with integrated facilities from Hatchery to Shrimp & Fish processing and Exports.
Prawn and Fish Feed Manufacturing Units
Avanti has Four Prawn and a Fish Feed Manufacturing Units, certified ISO 9001:2008, in Kovvur, Vemuluru and Bandapuram in West Godavari District, Andhra Pradesh and Pardi in Valsad District, Gujarat, in India. Avanti produces nutritionally well balanced and high quality feed, consistently, catering to the Indian prawn and fish farmers, at their door step.
Shrimp Processing and Exports Unit
The Shrimp Processing and Exports Unit, certified ISO 22000: 2005 is located in Gopalapuram near Ravulapalem, East Godavari District Andhra Pradesh, India and confirms to HACCP, USFDA, EU & BRC Global standards. It is also an ACC Certified for best aquaculture practices.
AvantifeedStock name = Avanti Feeds Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
AVANTIFEED go long ifit crosses 401.55
entry price: 401.60
stop loss: 388.70 (3.21% risk involved)
target: 427.30 ( reward of 6.40% with 3.21% risk)
buy this stock only one can handle risk of 3.21%
this is my stock idea and i am entering in it with 3.21% risk, if one cannot handle 3.21% risk please do not enter into it.
I am not SEBI registered individual , please do your own analysis before entering into it.
Avanti Feeds LtdBREAKOUT OBSERVED - TARGET IN CHART
SL - 425
OLD VIEW
FUNDAMENTALS
Market Cap
₹ 6,675 Cr.
Current Price
₹ 490
High / Low
₹ 498 / 321
Stock P/E
19.6
Book Value
₹ 161
Dividend Yield
1.26 %
ROCE
18.3 %
ROE
13.4 %
Face Value
₹ 1.00
Promoter holding
43.3 %
EPS last year
₹ 20.4
EPS latest quarter
₹ 5.45
Debt
₹ 10.1 Cr.
Pledged percentage
0.00 %
Net CF
₹ -30.0 Cr.
Price to Cash Flow
14.8
Free Cash Flow
₹ 292 Cr.
Debt to equity
0.00
OPM last year
7.76 %
OPM 5Year
9.33 %
Reserves
₹ 2,177 Cr.
Price to book value
3.02
Int Coverage
307
PEG Ratio
-2.06
Price to Sales
1.33
Avanti Feeds Long Side IdeaAs my analysis, BSE:AVANTI has been given a strong breakout and sustained above level of 412.
Best level to take positional entry could be 413 with stop loss of 386 (-26 points risk). My expected upside target would be 470 (+57). This could be low risk and high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
AVANTIFEED get it on chaap price ;-p
Market Cap ₹ 5,468 Cr.
Current Price ₹ 401
High / Low ₹ 488 / 321
Stock P/E 18.6
Book Value ₹ 134
Dividend Yield 1.56 %
ROCE 16.7 %
ROE 12.6 %
Face Value ₹ 1.00
Pros
Company has reduced debt.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 35.7%
Company's median sales growth is 15.3% of last 10 years
Cons
The company has delivered a poor sales growth of 7.50% over past five years.
AVANTI FEEDSb]Wait for breakout - Targets in chart
SL - 425
Market Cap
₹ 6,203 Cr.
Current Price
₹ 455
52 W High / Low
₹ 510 / 321
Stock P/E
19.1
Book Value
₹ 154
Dividend Yield
1.37 %
ROCE
20.7 %
ROE
13.4 %
Face Value
₹ 1.00
Promoter holding
43.3 %
EPS last year
₹ 20.4
EPS latest quarter
₹ 7.81
Debt
₹ 3.05 Cr.
Pledged percentage
0.00 %
Net CF
₹ -30.0 Cr.
Price to Cash Flow
13.7
Free Cash Flow
₹ 292 Cr.
Debt to equity
0.00
OPM last year
7.76 %
OPM 5Year
9.33 %
Reserves
₹ 2,082 Cr.
Price to book value
2.96
Int Coverage
251
PEG Ratio
-2.01
Price to Sales
1.22
Sales growth 3Years
7.32 %
Profit Var 3Yrs
-7.62 %
AVANTI FEEDS "Ascending Triangle"Avanti feeds is forming ascending triangle pattern, so wait till it gives a breakout and after breakout the first resistance is around at 517 but the target we will place will be slightly below resistance which will be 510-515. Whereas the stop loss for this stock will be around 375-380. Trade it simple.
Avanti feedsOne more stock from the agricultural sector that is showing strength and can be traded for short term.
Keep this in your radar