Avanti Feeds (Daily)

Technical Analysis Trend: Short-term uptrend after long base. Structure: Sharp move from ₹700 to ₹870 followed by tight consolidation. Price Behaviour: Higher lows indicate accumulation. Resistance: Approaching prior supply near ₹890–900. Key Levels: Support: ₹852 → ₹820 → ₹780 Resistance: ₹890 → ₹925 Fundamental Analysis Business: Leading shrimp feed exporter and processor. Tailwinds: Global seafood demand, export recovery, improving shrimp prices. Margins: Improving as feed costs stabilise. Risk: Currency movement and disease outbreaks. Summary View Recovery play with improving trend and fundamentals.