TradersHunt

Arvind | Expecting Bounceback/Retracement

Long
NSE:ARVIND   ARVIND LTD
Arvind may bounce back from here, entry price could be 314-315 with SL below 308-09 for Targets of 336/346/355. Target can be higher than this, better to trail or trade options. Keep in mind if trade goes against us and some how break below trendline, then we can have very good down move but for that we need to wait. For now its a bullish sign and it seems long, so with low risk we can ride the trend.

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.