Affle India for long term

4 de jul. de 2021

A fundamentally strong company with good results and recent acquisitions.

The current price is near 200 moving average and is on support.
This could be a good bet for a reversal but be cautious as per risk appetite.
Note - It is in ASM and was in a downtrend for a couple of sessions. But this could be a good bet for the long term. Add on dips for target 5350/8000/10000 +

21 de jul. de 2021

Nota

Levels at strong support... even though after a huge negative dip in Nifty closing.
Stock maintained its support level. Personally, I've added more to my portfolio.

11 de out. de 2021

Nota

Stock split 1:5
after split trading at 1226 (6130 before split)
Let's see whether it breaks its all-time high resistance

27 de abr. de 2022

Nota

Affle reached high at 1500 post-split (7500 before split), sorry for updating this late
Personally booked profits at 1450
Now it's likely forming a rising wedge pattern which can give a breakdown
so gonna stay away from IT stocks for a while