SumukhK

AVANTIFEED - Accumulation Zone

Long
SumukhK Updated   
NSE:AVANTIFEED   AVANTI FEEDS
AVANTI FEEDS - is one of the major players in Shrimp exports - current headwinds are temporary for the stock and makes a candidate of long-term wealth creation
current price i.e. 283 is a great bargain price where one can own this company - further considering its volatility it can test its recent low of 250 and slippage below that opens door to 215-209-201 levels - further slippage below those level seems to be a difficult situation
NOTE : One should consult their financial advisor before making any decision to buy or sell equities
Trade active:
Price has reached level of 380's last week, there is resistance at 390 levels - one can book full or partial based on their trade
re-entry can be made again at 280, 250 and below
NOTE : One should consult their financial advisor before making any decision to buy or sell equities

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