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vanathi
May 16, 2017 2:03 AM

Arvind - May 16 Day Trade! 

ARVIND LTDNSE

Description

Price is consolidating for two days forming a boomerang pattern(New pattern found by me).
Buy above 396.5 with the stoploss of 394. Targets are 401, 403 and 406.
Sell below 390 with the stoploss of 393. Targets are 387, 383 and 380.
Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 16th 2017 only.

Comment

Dear followers if I didnt publish day calls you are sending PM asking, " Any calls today?" Show your support by giving likes and comments.

Trade active

Long

Comment

My new pattern boomerang works :)

Comment

Resistance @ 399

Comment

Here you go - 1st target!

Trade closed: target reached

Trade closed on first target.
Comments
shiv_n
nice view
sharajpaul
It was a wonderful job !
vanathi
@sharajpaul, Thank you.
morganmac
open at 396.45
vanathi
@morganmac, Trade not triggered yet.
Gururajr
have always found that Tuesdays are down days..compared data for three years...some days are exception...today expecting markets can go down when one can indulge in buying..9500 is coming soon. SGX is 3 points in the green now. we may get ready for purchases...May I have your view on Nifty
vanathi
@Gururajr, Thank you for sharing your view. Will Check Nifty and post idea when I find entry point.
dunde_venu
Can you give your views on Bharati infratel , for intraday 16 th may
vanathi
@dunde_venu, Hope you got your answer from market now.
dunde_venu
@vanathi, yes but I missed that opportunity
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