AVANTEL trade ideas
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 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
AvantelWonderful breakout from consolidation price range
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Good order book
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Good results last year
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Tailwinds in sector
Good for long termCurrently price is consolidated but good pick for long term.
Avantel is in telecom sector and not been so focused yet.
Stock is gaining volume slowly.
This is not buy or sell recommendation.
Do also
research on your own and invest :)
Good defense sector stockThis can be good stock for long term
As in the upcoming budget government will be more focusing on
Defense sector
Railway sector
Infra sector etc
This can be a good pick
I am not sebi registered. Research on your own and invest :)
Avantel ltdAvantel has been in an uptrend shown by HH HL. The stock has given rsi hidden bullish divergence moved above poc with volumes and a marabuzo candle. If stock opens higher than last close its going to continue its uptrend.
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
Strong Breakout in AVANTELStrong Breakout in AVANTEL with huge volume spurt on weekly time frame
Company has delivered good profit growth of 35.8% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 27.8%
Avantel: want to tell us something?Scrip has broken out and retesting in the market correction, good movement can be seen if market supports it a little/
AVANTEL | SWING TRADE | chaiwithanoopTaking Support from 200 EMA
Beautiful Breakout
RISK Reward : 1:2
Support exists near by4/1 support exists at 285, the stock should close above 285, then turn around may start
