ARKADE: BreakoutARKADE: Breakout above sustained close of 201. CMP 199.
Resistance 243
Support 193/187
ARKADE
Arkade Developers cmp 196 by Daily Chart view since listedArkade Developers cmp 196 by Daily Chart view since listed
- Support Zone 178 to 182 Price Band
- ATH 204.40 is the only Resistance Level
- Stock chart has repeated same pattern of Bullish Cup & Handle and taken Breakout too
- Support Zone may be tested if any selling pressure occurs on the stock counter yet hope for upside
- Stock Price achieved the depth of the 2nd Cup by creating ATH 204.40, now hope look forward to New ATH creation
ARKADE: supply zone breakout3. ARKADE
-strong breakout through the supply zone
-all time high breakout
-volume uptick in the breakout candle
Arkade Developers IPO breakoutAfter ipo promoter promised in concall about 10000cr revenue till 2029 in next 5 years. so aprox considering 27% pat margin they will deliver 2700cr profit. which is current networth of company. very stong fundamental plus technical bet
in this market fall promoter bought very huge quantity of shares, which also shows that they bealive in their commitment and actions forward. track
