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SumukhK
Apr 5, 2020 8:14 AM

AVANTIFEED - Accumulation Zone Long

AVANTI FEEDSNSE

Description

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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