rdkriplani

Avalon Tech - Convergence of moving averages

Long
NSE:AVALON   AVALON TECHNOLOGIES LTD
A setup that's looking extremely interesting
Long above 535 with SL below 500.
There is a convergence of moving averages which often signifies a big move is on the cards..
The 200EMA is close enough to provide for a low risk SL too..

Lets see how this plays out over the next few days.

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