After 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...
ARVIND:- 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...
Arvind 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.
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 139
#This is not Buy and Sell recommendation to any one. This is for education...
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...
Arvind 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...
This 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...
