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WECLAN
Apr 7, 2021 8:41 PM

AVENUE SUPERMARTS Long

AVENUE SUPERMARTSNSE

Description

3228 RESISTANCE LEVEL.

2735 STOP LOSS based on SUPPORT LINE.

2800 STOP LOSS based on 200EMA LINE.
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TECHNICALLY its BULLISH view because of trading above 200EMS on 4Hrs timeframe. Since 19th OCT 2020.


FUNDAMENTALLY not recommended for Long term holding because now P/E ratio is 193.30 below (24 P/E) safe. So it's a highly expensive stock for long-term investors.
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