Apollo pipes ltd is having good dealership network in north India, once they spread across the rest of the country, they will undoubtedly at among top players in upvc and pvc pipes.
one can bet on their stock for coming 3 years, buy strategically at current level 538-542, accumulate more around at 494 finally buy more at 430 for the first target of 600 second...
Soon Airtel may trade at level of 1190 and much above,
as ARPU is now 208, it makes it industry leader in terms of ARPU.
Today on 7 Feb closing level is 1134-1135
Buy for short term target of 1185 (+50) aprx 40%
book Partial Profit at 1185 and hold for 1240 and above.
one can Buy aggressively at near 1090.
Hold till 1045 as Stop Loss.
while publishing this idea with a current price of 585 we can see a continuous up n down movement within a range of 533 at lower side and 635 at upper side, it will be a pre attempt if one will invest at current price and average till lower range of 545 to 540 and remain invested with Stop Loss of 532 for a Lucrative Target for 635, 690 and so on..!!
Atul Auto...
