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Andra Papers - Trend reversal

Long
ANDHRA PAPER LTD (NSE:ANDHRAPAP)  
OK_Rane  
NSE:ANDHRAPAP   ANDHRA PAPER LTD
Trend Analysis Chart Patterns Fundamental Analysis consolidation momentumtheory support resistence twizzer_bottoms 200ema-pullback trendreversalpattern trendreversalinprogress
2
0
trendanalysis chartpattern fundamental consolidation momentumtheory support resistence twizzer_bottoms 200ema-pullback trendreversalpattern trendreversalinprogress
Fundamentals,

1. Operating Profit are improving
2. Piotroski score 9
3. Net profit TTM is high in Industry
4. Stock with Low PE


Technical

1. Tweezer Bottom
2. Price action supportes by previous resistance & 200 ema
3. Price structure - Consolidation (basing), trend reversal
4. Momentum is expected

Entry : 565 (50%) , 595 ( 50%)
SL: 540



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