AFFLE (INDIA) LTDUpdated

AFFLE INDIA - Revised

Nifty is expected to correct this week (I have uploaded my views on Nifty - Do have a look at it :-) ) so we could see some weakness in Affle too. However the stock is very strong fundamentally and the growth prospects are very good. One should keep accumulating on dips even though the valuation is pretty high if it breaks the channel on the lower side.

Trade closed: target reached
Target Achieved.
Note
3 Sessions - 12.7%
Note
Look for buying opportunities on dips near the lower end of the channel
Note
Bottom of the pullback seems to be made. In case of further fall, it would only add another opportunity.
Trade closed manually

Disclaimer