Affle India for long term
Updated
A fundamentally strong company with good results and recent acquisitions.
The current price is near 200 moving average and is on support.
This could be a good bet for a reversal but be cautious as per risk appetite.
Note - It is in ASM and was in a downtrend for a couple of sessions. But this could be a good bet for the long term. Add on dips for target 5350/8000/10000 +
The current price is near 200 moving average and is on support.
This could be a good bet for a reversal but be cautious as per risk appetite.
Note - It is in ASM and was in a downtrend for a couple of sessions. But this could be a good bet for the long term. Add on dips for target 5350/8000/10000 +
Note
Levels at strong support... even though after a huge negative dip in Nifty closing.Stock maintained its support level. Personally, I've added more to my portfolio.
Note
Stock split 1:5 after split trading at 1226 (6130 before split)
Let's see whether it breaks its all-time high resistance
Note
Affle reached high at 1500 post-split (7500 before split), sorry for updating this latePersonally booked profits at 1450
Now it's likely forming a rising wedge pattern which can give a breakdown
so gonna stay away from IT stocks for a while
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