Affle India looks good for buy on dipsThis will be one of the biggest future company stay invested for long term. Wait for buy it still have space toward downside, short term buy with target TP1-1930 & TP2-2275 Good luck
Affleindia
VERTOZ ADVERTISING - Can it be the next Affle India?I chose this stock because fundamentally it functions on the lines of the same business as Affle India and such companies have very few competitors in the Indian market.
Technically also the stock is bullish after a breakout from a Flag pattern.. So when fundamental and technical meet together, we know what usually happens.
Fingers crossed as this is illiquid as of now but that is exactly how multibagger's are spotted early.
My advice here is buy in small tranches in SIP and test the stocks potential in a gradual manner.
The stop loss (red line) is quite far just to give the stock the space to move in a rectangle, should it show some weakness. You can however, choose a stop loss based on your risk appetite.
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AFFLE INDIA - RevisedNifty is expected to correct this week (I have uploaded my views on Nifty - Do have a look at it :-) ) so we could see some weakness in Affle too. However the stock is very strong fundamentally and the growth prospects are very good. One should keep accumulating on dips even though the valuation is pretty high if it breaks the channel on the lower side.
