APLLTD is trading near upper channel. Stock successfully hold its 61.8% retracement level which is 503. If it successfully crosses 570 with good volume. We can make long position. As this stock is fundamentally very strong. This DEC-17 qtr..FII and DII both inceased their stake.
May 2019 Loksabha Election Month.
Before Election we may see 18300 level, if it breach then we may see 17000 level also which is a 1.618% level.
18300 to 17000 will be our buy zone.
-Study Purpose Hemraj Solanki
Upper channel is near to 10700-10850. Nifty is near upper channel.
Nifty PE is high. Nifty PCR 1.6 is very high.
So be caution, before investing.
Keep on booking profit if you have big profit in any stock.