Andhra Paper Ltd upto 10X potential (Long Term)Entire paper industry is undervalued as of now, most are available at 40-50% below their intrinsic values.
Andhra Paper chart looks most bullish with upto 10X ROI in 2-3 years.
As per conventional TA, price broke out of trendline resistance and moving higher after retesting it as trendline support (Neon Green Line).
As per wave theory, price has formed 1-2, 1-2 pattern suggesting the 3rd wave can be extended upto 6300-6600 levels.
Other targets are highlighted according to your investment horizon.
Do your own due diligence before taking any action.
Peace!!
