This is an analysis for the near term(1-2 Quarters) Do you think it may enter back into the trend, is there some fundamental changes to the company?
Do comment below, in my opinion it is quite possible, its a lower risk to invest as the price is quite low(using "The intelligent investor" logic), my view in the short term is mildly bearish neutral considering the...
As the market has gained an unexpected growth in the last 6 months nearly 100%
Its as look like a bubble formation as per the Elliott wave I am expecting that we are in the last wave of the ending diagonal then we can expect a huge fall in the market
AFFLE India is a great stock to hold in the portfolio. The stock has shown interest in a lot of investors in the past. We can Expect the stock to go as low as 3300 - 3100 levels.
But a great opportunity for investors to get exposure in a monopoly business.
The stock has great fundamentals.
RSI levels at ATH but the stock is still well below the expected price when launched
Volume Osc indicate an institution buying continuously
The stock will be on top nifty50 list in 2 years
Stock will be one of the highest performers in the next 2 years - buy at the small dips
Strong fundamentals means it will keep rising, sell small...
MASFIN was strong before lockdown.. if the market remains bullish for the next 2 months then the stock can give 40+ percentage from current value.
The first target should be around 1100 and second target around 1200
If the market falls then the stock can take a hit
Be careful and do not take a loss of more than 15%
An investor can take exposure of about 5-10%...