ARVIND
Arvind | Expecting Bounceback/RetracementArvind may bounce back from here, entry price could be 314-315 with SL below 308-09 for Targets of 336/346/355. Target can be higher than this, better to trail or trade options. Keep in mind if trade goes against us and some how break below trendline, then we can have very good down move but for that we need to wait. For now its a bullish sign and it seems long, so with low risk we can ride the trend.
ARVINDARVIND look weak below 323 for 6% to 9% range, 304 to 294, above 3%(333) will invalid the pattern,
closing above 336 the next resistance is 394, revised your sl at every 3% of stock movement
ARVIND 400 PE CMP 4.55, Lot Size, 2000
Arvind breaks crucial supportThe stock has broken and closed below its weekly crucial support of 380.
Sell with a closing stoploss of 385 Target 340
intra-swing trade in arvindintra-swing trade in arvind
september futures
buy@493.5
stop@490.8
target@401.5
lot:2000
qty:1
SHORT TRADE IN ARVIND SEPT (FUT)SHORT TRADE IN ARVIND
SEPTEMBER FUTURES
TRIPLE TOP FORMATION AND
A DOUBLE TOP ON HOURLY CHART
SHORT@401
STOP@405
TARGET 1@395
TARGET 2@ 390
LOT:2000
QTY:2
Arvind breaking out. Buy Signal on Renko Supertrend ComboDaily Renko Charts (Brick size: 1.97) & Supertrend Combination are giving a buying position for NSE:ARVIND for next week. One can enter a bullish position in Future/Options for August Expiry.
As its a Renko charts, I will not give any stop loss or Target profit. However, I will update about the SELL signal to exit from such position.
Bearish on ArvindShort Arvind below 404. Stock has broken a uptrend and will continue it's main trend which was down. An hourly candle closing below 404 will confirm break. You can short it then target of 385 with stop loss at 410. Just look for an hourly candle closing below 404 and then enter.
ARVIND Gartley PatternARVIND is moving up , to complete the Gartley.
Few too many harmonics in the middle
