General discussion about Andhra Cements Ltd.

10 May, 2018 18:22
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This small cap has been reporting poor perfomance and negative profits over last quarters. However the long term movement has been in an increasing rangebound pattern. On daily charts this script has hit the bottom of its trendline and bollinger bands . For long term investors and mid term positional traders , this can qualify as a potential entry point at these levels. ( CMP - Rs. 10.5)

 
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