Flash News Investment - - TECHNICALS -

We had rec­om­mended to our read­ers buy­ing the stock of Av­enue Su­per­marts at Rs 1342.85 in is­sue no. 51 (dated Oc­to­ber 08, 2018). Post our rec­om­men­da­tion, the stock went on to touch the level of Rs 1385 and, at present, the stock is trad­ing above our rec­om­mended price. We are of the view that the tech­ni­cal per­spec­tives of the stock are promis­ing, and hence, we would rec­om­mend our read­ers to hold this stock with a stop loss of Rs 1250.

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