AWL
Hi
Next three seller Freeze levels can be 360.95 , 342.9 and 325.7. chart shows that 355 to 392 was the accumulation zone last time after IPO.
so selling pressure can stop in this range and buying can be seen. if breaks below 300 then looks no support. more risk more gain , Indians can not eat without cooking oil and Fortune brand is sold throughout the country. and Its a no 1 brand in cooking oil. public holding is very less.
Disclaimer: Analysis is for training and education purpose. author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice. consult your financial advisor before investing.