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RaghunathHyd
Oct 18, 2016 6:29 AM

ARVIND attempting to beakout 

ARVIND LTDNSE

Description

ARVIND attempting to breakout above 365 for the second time after failing the first time. If ARVIND closes above 365 & next day is confirmed by another green candle, then one can enter long to take advantage of a breakout.

If ARVIND fails to breakout above 365, then one can enter a short.

Keep watching the stock for the price action.

Trade active



Failed Breakout and Bearish AB=CD Harmonic Pattern.

Short @ 350 with SL of 365 and TP of 320

Trade closed: stop reached

Stopped Out @365 and then broke out on Fundamental news.
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