ARVIND - Bouncing From Parallel Channel SupportARVIND has been trading in parallel channel since may 2024 and now it has formed morning star pattern at the support of parallel channel.
We can expect an upside move from here and if volume support the upside price then we can also expect the breakout of the range.
As per the current setup, we can expect 420, 435 and 450 levels in few days.
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
ARVIND
ARVIND FASHIONS LTD - BREAKOUT STOCK FOR SWINGToday's Candle type is Demand Candle.
Volume is Greater than Pervious Session by 102%.
Price Above 50-100-200 Moving Average.
MA alignment is bullish.
Daily , Weekly , Monthly RSI all above 50 means in Bullish Zone.
Daily ADX also remains bullish.
Good above 585
Weak Below 550
Ready For Upside 650-700+
Arvind Can be Multibagger for coming 5-6 YearsArvind is about to break from its Monthly Consolidation in coming Months. It can be Multibagger stock for coming 5-6 Years.
LTP - 107
SL - 72
Target - 10x --> 1200+ in next 5/6 Years
Best time to accumulate for Investment is after Monthly breakout above 155+ ... Can do monthly SIP in Stock for next 1 Years for handsome returns.
Happy Investment.
ARVIND - Weekly Chart AnalysisAfter an all time high breakout the stock went into a 5week consolidation and 14%range and broke out last week.
If we observe monthly chart i usually like stocks who consolidate near the resistance and then break out. But as you can see a rally of almost 95% in 5 months was done.(Highlighted Area) The stock broke the ATH with out consolidating much which losses my conviction.
So i would like to take only a pilot position here and then eventually pyramid while the stock makes new Highs.
140-160 zone shall now act as support / demand zone. If the stock retraces back to these levels and you see buying coming at these levels than you can add more. If it closes and sustain below these levels on a weekly timeframe than our view stands invalid. Until then we stay and trade as per planned.
Stock is trading above all its key moving averages.
As per the trend based fib levels 215 - 255 - 300 levels can be tested in the long term.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
ARVINDARVIND:- Cup and handle pattern has formed on the monthly chart, if we get breakout then we can see movement to the upside
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.
ARVIND - Ichimoku BreakoutStock Name - Arvind Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 139
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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# Ichimoku Cloud
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ARVIND - Ichimoku Bullish Breakout Stock Name - Arvind Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 125
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Arvind Ltd Near multi Year breakoutArvind Ltd Near multi Year breakout , its an potential upside candidate for an month.
It will test the 52 Week High and Breakout with volume or It will form an Double Top
But if the breakout is successsfull with heavy volume the it will got to Target 270+
Disclaimer: This stock idea is only for educational & research purposes and is in no way a professional stock recommendation. Please do your own research and consult your financial advisor before making any investment decisions.
FY21-22 Swing Trade Idea #192: Long on ARVINDThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.