AVANTIFEED : 7 Year old Breakout

Avanti Feeds is showing a 2018 year breakout in this so called Bear Market.. with a good amount of Volume... Fundamentally good company...

All data is available in public domain..

CMP : 780
TG : 1270
SL : 8 to 10% from breakout

Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery .
3: Technical : 21/55/200-EMA, Super trend up, RS>0 RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.