akshay1808
Long

Arvind breaking out. Buy Signal on Renko Supertrend Combo

NSE:ARVIND   ARVIND LTD
Daily Renko Charts (Brick size: 1.97) & Supertrend Combination are giving a buying position for NSE: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.
Comment: 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.
It wil go 420 above in 2 day?
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akshay1808 DeepaliKhambe
@DeepaliKhambe, This is an old publish. I have cancelled it. Here's the updated trend:

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which strike price should be selected??
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akshay1808 divyankG
@divyankG, Wait.
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CHART 5 MIN OR 15 OR 30 ??
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@GG16, Its 1 day. TradingView doesn't allow less than a day for the Non-Pro user.
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GG16 akshay1808
@akshay1808, Don't understand
If you don't know then don't blame on tradingview.
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@GG16, I didn't blame Trading view.
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