ANDHRA PAPER LTD
Long

Andhra Paper Ltd upto 10X potential (Long Term)

616
Entire paper industry is undervalued as of now, most are available at 40-50% below their intrinsic values.

Andhra Paper chart looks most bullish with upto 10X ROI in 2-3 years.

As per conventional TA, price broke out of trendline resistance and moving higher after retesting it as trendline support (Neon Green Line).

As per wave theory, price has formed 1-2, 1-2 pattern suggesting the 3rd wave can be extended upto 6300-6600 levels.

Other targets are highlighted according to your investment horizon.

Do your own due diligence before taking any action.

Peace!!

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