Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Arihant Capital Markets Ltd Analysis
ARIHANT CAPITAL MKTS LTD
Long
Arihant Capital Markets Ltd Analysis
By Its_Bhushan
Follow
Follow
Dec 22, 2024
3
Dec 22, 2024
FOR LEARNING PURPOSE
ARIHANT CAPITAL LTD - The current price of ARIHANT CAPITAL LTD is 99.26 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. It broke a strong resistance zone with great volume and now retesting that level
3. It is showing better relative strength as it stood strong in volatile times
4. The risk and reward is favourable
5. The recent results has been great and it will act as some catalyst
6. The stock has not done much in last few years but it looks like that it can perform better in coming months
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 86.50 rupees
I will be managing my risk.
ARIHANTCAP
Chart Patterns
Harmonic Patterns
Trend Analysis
Its_Bhushan
Follow
Trade With Bhushan
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.