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TodaRamBijaraniya
Dec 3, 2023 7:50 AM

Aether, the new era EV stock Long

AETHER INDUSTRIES LTDNSE

Description

Aether's recent incident was very unhuman and tragic. The incident dragged the stock to 778 i.e. around 25% down. A bad news of a good company is an opportunity for the value investors to buy the stock at attractive valuation and so is with Aether. Nothing wrong with company and strong demand and quarter to come. RSI also has reversed from 24.
CMP 794
Target 880/940/1050/1120/ATH
Can be accumulated till 750 with SL of 730 for ST and 704-700 for long term investors.

Kindly note that I am not a SEBI registered analyst. Perform your own analysis before taking any trade.

Comment

Consolidation is on in the range of 775 to 800....

Trade active

Very good move and was expected. 949 is high as of now.

Comment

New Base is being formed near 880.

Trade active

This stock is a potential new era stock and is being accumulated. One can hold for long race with given SL. Stay invested.
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