Daily Renko Charts (Brick size: 1.97) & Supertrend Combination are giving a buying position for 
ARVIND for next week. One can enter a bullish position in Future/Options for August Expiry.
As its a Renko charts, I will not give any stop loss or Target profit. However, I will update about the SELL signal to exit from such position.
ARVIND for next week. One can enter a bullish position in Future/Options for August Expiry.As its a Renko charts, I will not give any stop loss or Target profit. However, I will update about the SELL signal to exit from such position.
Note
This BUY signal is further confirmed by a 'Bullish Divergence' on Stochastic Oscillator.Trade active
Arvind opened already at high 432.5 (3% gain). I guess one should wait for a rational price of 427 to enter in position. The government may raise (Today) import duties on imported clothes, which is giving a spike in this stock.Order cancelled
Never knew there was a Q1 result scheduled for Monday. Volatility spoiled the trend. Canceling this trade.
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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.