AAVAS FINANCIERS LTD
Long
Updated

SWING IDEA - AAVAS

411
Price action has recently shown a good change from Lower High Lower Low to starting with Higher High to Higher Lows.
MACD has successfully made a cross on the Monthly charts too indicating a good momentum upward.
Weekly MACD cross looks healthy too.
Marubozu candle on 1st week of April indicates a good move too.
Stock exactly trading above recent Marubozu candle levels as well.
Lets Go!!!
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Monthly Chart for reference

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19% Profits done so far.
Trade seems to be going exactly as expected.
Could hit targets sooner than expected.
Keep a close eye.

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Stock hasn't made much movement last week. Still sitting at Max Profits of 19%. Let's hope it starts making new highs this week.

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21% Profits done so far.
Trade seems to be going exactly as expected.
Could hit targets sooner than expected.
Keep a close eye.

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Trade is facing a minor resistance near the 2000 levels. We will need to break that with good volumes in order to go up further.

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Positive News: AAVAS FINANCIERS LTD JUNE-QUARTER PROFIT 1.26 BILLION RUPEES
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Positive News: Jefferies Adjusts Aavas Financiers' Price Target to INR2,140 From INR2,000, Keeps at Buy
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News: CVC Capital Partners to acquire a majority stake in Aavas Financiers, including an open offer for an additional 26% stake at ₹1,767 per share.

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