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+
Arvindfashions
Arvind Fashions cmp 572 by Weekly Chart view since listedArvind Fashions cmp 572 by Weekly Chart view since listed
- Support Zone at 520 to 535 Price Band
- Volumes are increasing month on month showing good demand based buying here
- Weekly basis : Support at 520 > 465 > 390 with Resistance at 639 > 710 >> ATH 810.20
- 5+ odd years long timeframe Bullish Cup & Handle done with the neckline at Support Zone followed by tiny Rounding Bottom done