NSE:AVALON is attempting to give a breakout and one can buy this counter with a stop loss at 470 for targets till 715. Post 715, that will become the stop loss and one can trail it accordingly. Company is an EMS player and boasts of a fundamentally strong business. EMS companies have low margins but the growth is being driven primarily by volume (demand).
Avalon Technologies Limited is an electronic manufacturing services (EMS) company that is into PCB design and assembly, cable assembly and wire harnesses, sheet metal fabrication and machining, and end-to-end box build of electronic systems. Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember...
Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 545 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn...
Ready for little bounce AVALON - Bullish if sustain above 376