AVANTEL
Buy Avantel for target of 320 Stock Radar: Avantel Ltd
📍 Buy Zone: ₹167–180
🎯 Short Term Target: ₹320+ (longer term open)
🛰️ Avantel is a defense & telecom tech co. — supplying to ISRO, DRDO, Railways & Armed Forces.
Strong tailwinds from India’s defense push + satellite communication growth.
Chart shows a strong cup-shaped base breakout. Strength > weakness = accumulation.
#Defence #StocksToBuy #StockMarketIndia
#astramicro #stockstobuy #trading #investing #Nifty #BankNifty NSE: ASTRAMICRO
CMP: 308.90
TARGET 424 37% Return on Equity ( Return on Investment )
STOP LOSS 271
RR > 3
Time frame 6m.
NSE:ASTRAMICRO
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia