Oct 22, 2017

This Stock Has A Long-Term Target Of Rs.1000, Current Price Is Rs.29

ANDREW YULE AND CO. LTD.
CMP : 29.75.
VIEW : LONG TERM.
STRATEGY AND UPDATES: NA

So basically this is a Government Of India company. This one is only for the patient investors who want to put some amount for a very very long haul like 5-10 years. This one falls into a long term multibagger small cap stock recommendation.

TECHNICAL PICTURE:
As you can see the stock has remained withing 20-40 range for the most of its trading history. We believe once the stock crosses 80 and then 100 levels, it will catch eye of HNI and smallcap, midcap funds and other sharp traders community and then this price will potential become a base for a huge huge long term bull market in the stock which will take it to 500-1000 levels over the next 5-10 years time period.

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