NSE:AARVEEDEN
Aarvee Denims & Exports Ltd. engages in the manufacture and sale of denim and non-denim Fabrics. It operates through Textile and Windmill segments. The company was founded on March 28, 1988, and is headquartered in Ahmedabad, India.
Technical View
Trading in a tight trading range on the weekly chart.
and Also above - 200 ema
Formed a horizontal...
Aarvee (swing trade stock )
Gave channel breakout with strong volume.
Looks good for swing trade
Trading at 30
Keep sl at 24
Target can be
40 / 48 / 55 / 63
Aarveeden looking good for short term around 27 and expected to get 10-15% profit.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Symmetrical Triangle Break Out.
Bounced From Support Zone.
Can be accumulated as mentioned in Chart with given Stop Loss of 41 for upper targets.
Once Volume Increase, upmove may be start.
Investment View for 1 Year.
Other Details Mentioned in Chart.
I am not SEBI Registered Financial Advisor.
stock is reaching near around 10 year high again. so if it blast upside then the move will be parabolic we might not be able to get in the the stock.
current level look great to buy at 92 with a little wide SL 70 and move SL with Sloping trendline once position built.
always trail the SL in such stock.
stock movement looks promising.
![AARVEEDEN: [SHORT-TERM STOCK] BUY AARVEE DENIMS](https://s3.tradingview.com/d/DtuAn16d_mid.png "[SHORT-TERM STOCK] BUY AARVEE DENIMS")
