ARCHIES:- The stock was running a down-trend for 4 years but now it is going to give a breakout so keep an eye on this stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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Long Archies above the BO of the TL. Expected in the coming session stock is able to BO the TL. Also, the stock is expected to cross the 60 RSI level on weely and daily. Half quantity can be bought now & can add more once the BO of the TL. This is for your educational purpose only.
Date - 07.02.2022
Archies
Its valentine week and Archies has shown big momentum with big green candle forming Marubozu Candlstick with comparatively higher volume. So we may go bullish with smaller target upside in coming days.
CMP - 24.30
TGT - 27.30,29.15
SL - 21.25
