Avantifeed is on Support as per its Day Chart one can take Long Position @ 490 with a Stop Loss of 30 Rs & Target of 90 Rs.
Time Frame Will be Around 1-2 Month
ONLY FOR EDUCATIONAL PURPOSE
AVANTI FEEDS
Follow the trend
We may see the level of 530 in the short term.
On breakout trendline, we may see the level of 560.
Support is around 486.
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Updated on : 13-Aug-2020 9.30pm
Disclaimer: Only for learning purpose.
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...
