AVG Logistics Analysis & Prediction
This is the analysis of AVG Logistics in Daily Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the trendline with volume. If it will sustain above the breakout level, it is good for the stock.
There are some prediction levels. These Levels act as Support and Resistance according to position...
drawn month week and daily support line
month & week already in bullish then a daily candle turns bullish
may go long.
this strategy originally derived from prof Manish Taneja of IFMC institute(google)
target may vary but SL great in this strategy.
in target level price must get resistance as it's a darvas box forming, but if a long candle with huge volume break...
AVG Logistics
Fundamentally decent backed by strong Logistics sector
Technically has given multiple breakouts (Triangle + Inclined Wedge) and given closing above strong support
R 1: 130
R 2: 140
R 3: 155
S/SL : 95
