AVT NATURAL PROD NSE:​AVTNPL

Importance of a fibonacci level It causes resistence for the retracement Stock touched 38.2 fibo level and then got rejected with strength

Strength candle but not greater than H > 50.80 and C > 50 Touches 51.45 and back to 44 levels

Nicely trending & taking support on 200 Wk EMA...formed C&H...blast coming...

Looks bullish supported buy volumes!!! buy above 50 strong support area 38/39

Buy Above 50 for 103 Target with 40 SL CCI 34 > 100 (Monthly, Weekly & Daily chart) Price above TGC on Monthly, Weekly & Daily Chart

AVT natural products has made a healthy correction after a rally since November 2016. It can be bought now with a target above 50 and stoploss of 39.

AVT Natural Products is consolidating in a rectangle for last 10 months. Eventual breakout maybe another quarter away. Start accumulating