AVTNPL: Monthly Breakout Stock

AVTNPL is a good company, and its fundamentals are good.

A stock from Small cap, which can show a good upmove for next few months.
One understand the chart properly to take your trades.
  • Monthly Trendline Support
  • Double Bottom
  • Base creation
  • Daily Timeframe Consolidation Breakout
Now watch this ratio chart of AVTNPL and NIFTY 500.

Three Major points to consider
  1. 1. Fibo 0.618 Support
  2. 2. Trendline Support
  3. 3. Double Bottom Creation

How am i trading in this stock?
I will start my trade by adding AVTNPL. My quantities will be less at start. My Stoploss will be 88 and Target will be 136.
With Increasing strength, and stock moving upside i will keep adding with trailing SL.
Trendline break and sustain will give me confidence to add more.

I will keep updating to this chart. So do follow!
Trade active:
It is going good, Keep Trailing SL and adding few qtys.


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