AVENUE SUPERMARTS
3228 RESISTANCE LEVEL.
2735 STOP LOSS based on SUPPORT LINE.
2800 STOP LOSS based on 200EMA LINE.
.
TECHNICALLY its BULLISH view because of trading above 200EMS on 4Hrs timeframe. Since 19th OCT 2020.
FUNDAMENTALLY not recommended for Long term holding because now P/E ratio is 193.30 below (24 P/E) safe. So it's a highly expensive stock for long-term investors.
2735 STOP LOSS based on SUPPORT LINE.
2800 STOP LOSS based on 200EMA LINE.
.
TECHNICALLY its BULLISH view because of trading above 200EMS on 4Hrs timeframe. Since 19th OCT 2020.
FUNDAMENTALLY not recommended for Long term holding because now P/E ratio is 193.30 below (24 P/E) safe. So it's a highly expensive stock for long-term investors.
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