Updated Trend Analysis for Arvind SmartSpaces Ltd. (Based on Cha
200
1. Observations from the Chart:
5 EMA, 8 EMA, and 13 EMA are visible: Price is currently testing the 5 EMA and 8 EMA. The 200 SMA is not in view, suggesting a focus on short to mid-term trends. Recent price action shows an attempt to break above resistance. MACD (8, 13) Indicator: MACD Line (-4.77) crosses above the Signal Line (-6.01). This suggests bullish momentum is building. However, MACD is still in negative territory, meaning the stock is not in a confirmed uptrend yet.
2. Trend Status: ✅ Short-Term Trend: Bullish Attempt (Early Reversal Sign) ✅ Medium-Term Trend: Still Bearish, But Weakening ✅ Long-Term Trend: Needs More Confirmation (Price likely below 200 SMA)
If price holds above 700-720, it could enter an uptrend. If price rejects 5 EMA and drops below 680, the downtrend resumes.
3. Long-Term Investment Plan (Based on EMA & MACD Analysis)
📌 Ideal Buy Entry (For Long-Term Holding)
The price must close above ₹720-₹725 (confirming trend shift). 5 EMA must stay above 8 EMA and 13 EMA. MACD should turn positive (above the zero line). 🎯 Profit Targets:
First Target: ₹750 Second Target: ₹800 (Major Resistance) Final Target: ₹900+ (Long-Term Uptrend Confirmation) 🛑 Stop Loss (Risk Management)
If the price falls below ₹680, exit the position. If 5 EMA crosses below 8 EMA again, it signals weakness.
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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.