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arvind looks bearish in short term
ARVIND LTD
Short
arvind looks bearish in short term
By ParamjitMahapatro
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Updated
Aug 1, 2017
4
Jul 22, 2017
price reversed from downtrend channel resistance level. it should come down to the channel support level.
sl - 386.5, 1st tgt - 355.5, 2nd tgt - 345.
Note: this is not a short selling advice, as future trading is quite risky.
Aug 1, 2017
Trade active
sliding down slowly, till now 365.55
Aug 3, 2017
Trade active
till now 363.5
Aug 19, 2017
Trade closed manually
it doesn't have a clear down trend.
Bearish Patterns
Descending Channel
downtrend
Parallel Channel
resistance_level
ParamjitMahapatro
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