AVANTEL (Bullish)Stock is in bullish trend since 11-jun-2024 started from 122.3 and reached 194.3 which is 59% in 15 day.. superb bullish move
Short term traders can enter between 177 to 165 levels if the stock retraces from CMP 180
Strict Stop-loss - 161
Target - 194, 214 & 246
as long as the RSI maintains above 40% continue to ride the profits
For long term investors.. stock can be accumulated on every dip and wait for the targets of 300 and maintain stop-loss 122
AVANTEL trade ideas
AVANTEL Ltd - Long Term Buying Opportunity (Bullish Momentum)As per previous chart history and technical analysis along with Fundamental inputs of the stock, it indicates that you can buy or hold your stock for profit in short term as per chart analysis.
Wait for pullback from this RED Zone
If broken downward, a big bearish trend is seen on the downside chart
All major points & downward levels mentioned on chart
Support Levels:
First Support: 188.17
Second Support: 197.18
Third Support: 205.77
Resistance Levels:
First Resistance: 223.37
Second Resistance: 232.38
Third Resistance: 240.97
Do your own research because I am not SEBI registered person and this is my personal opinion about this stock
Thanks for your support as always
AVANTEL Ltd - An Overview to Buy or HoldAs per previous chart history and technical analysis along with Fundamental inputs of the stock, it indicates that you can buy or hold your stock for profit in short term as per chart analysis.
Wait for pullback from this RED Zone
If broken downward, a big bearish trend is seen on the downside chart
All major points & downward levels mentioned on chart
Do your own research because I am not SEBI registered person and this is my personal opinion about this stock
Thanks for your support as always