Arrow GreentechRetest after taking support from previous strong resistance.
A shakeout is also witnessed taking out the weak hands.
Such a phenomenon is usually followed by a strong upside rally.
ARROWGREEN
Arrow GreentechForming a base2 at current price of 449 and showing a good BO after forming this base for last 22 weeks.
Seems next resistance is at 530 and 660. Can be added with SL of 380.
Arrow Greentech Limited is engaged in the business of developing biodegradable (green) products and high-tech products.
Stock is hovering around PE of 26 and showing ROCE 20.9 % and ROE 14.2 %.
Good future growth prospects looking at increasing environment concerns.
ARROWGREENARROWGREEN:- Rounding bottom pattern has been made, breakout has also been given, if you want to plan something then do it between 208-222, till then keep your eye on the 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.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Arrowgreen Hourly looking bullishArrowgreen Hourly has trendline breakout, good to buy at 89-92 range with sl of 83 for targets of 98,101
