Aavas Financiers
CMP 1615
It is still in correction ( S4) .
If it does not stop at 1540/1550…then it can go down near 1340 at least.
As far as PE is concerned, we think PE can be misleading in many cases.They don’t tell the complete picture of the company and the industry.
Monthly Chart
Disclaimer : This post is just a for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
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