AVN Avanceon Limited Mid-Term Analysis 30 Oct. 2015

Rebound Insight Our Pivot: 29.19 Our Preference: Buy above 32.72 and add averages till 30.10 with strict stop loss of 29.19 and profit target at 37.63 and 40.43. Alternate Scenario: Downward penetration of 29.19 will call for 26.78. NOTE: AVN is getting support from a rising trend line along with a horizontal supportive region. Recommendations: Buy above 32.72 and average out till 30.10 with target at 37.63. Weekly Chart with Supports and Resistances: AVNW30102015

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John Doe

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