trendline19

Arrow Greentech

Long
trendline19 Updated   
NSE:ARROWGREEN   ARROW GREENTECH LI
Forming a base2 at current price of 449 and showing a good BO after forming this base for last 22 weeks.

Seems next resistance is at 530 and 660. Can be added with SL of 380.

Arrow Greentech Limited is engaged in the business of developing biodegradable (green) products and high-tech products.

Stock is hovering around PE of 26 and showing ROCE 20.9 % and ROE 14.2 %.

Good future growth prospects looking at increasing environment concerns.
Comment:
Now 482

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