Looking for Support at 45% Correction The stock should find support around these levels before turning for another upside ride.
Disclaimer: These views are for educational purposes only. Not to be taken as trading or investment advice.
ARMANFIN trade ideas
BUY TODAY SELL TOMORROW for 5%ON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
RESISTANCE Breakout in ARMANFIN
BUY TODAY SELL TOMORROW for 5%
ARMANFIN 30% upside potential great growth and at low valuation.
Name = Arman Financial
CMP Rs. = 2028.3
Mar Cap Rs.Cr. = 1985.16
Qtr Profit Var % = 91.08
Sales growth % = 79.2
Profit growth % = 115.13
3mth return % = -23.96
ATH % Diff % = 24.32
PEG = 0.19
P/E = 12.48
NP 12M Rs.Cr. = 158.96
Ind PE = 20.08
ROE 3Yr % = 20.41
Sales Var 3Yrs % = 25.58
ROCE 3Yr % = 13.92
CMP / BV = 4.22
armanfin going bullishthis stock may got a bull run.
as trendline support and horizontal support area will not fall it down and may boost it to bull run.
exit half on 8 % then trail
Arman Financial - Channel BottomNBFC's are in an upcycle and this co is growing at 30-40% as things stand.
The stock price is at a channel bottom so could rebound from here.
Long if it bounces tomorrow with a stoploss below 1150 for short term and if your investing then around 1090 is a breakout retest..look for a bounce there to really load up on the stock..and if it breaks below take the SL below 1075.
I wouldn't by it until there first is a bounce here or on the retest.
ARMANFINARMANFIN:- last few days stock consolidating in small range. and also breakout the resistance level. accumulate at current level.
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.
YR 2022 Idea #172: Long on ARMANFINThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Arman- ATH probability of good up moveStrong Momentum
Price ATH
Retracement with low volumes
Higher Highs - Higher lows
Good buying volumes
Buy Today, Sell Tomorrow: ARMANFINDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in ARMANFIN
Buy Today, Sell Tomorrow: ARMANFIN
Arman Finance All detail for chat. good entry at mark price only. and must stoploss is 1000minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Arman Financial All detail for chat. good entry at mark price only. and must stoploss is 910 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Possible Range Breakout in ARMANFINI have observed possible range breakout in Arman Fin in the Daily time frame. When the price closes above 1219, we can enter the trade with a strict stop loss at 1082. Targets are marked in the chart. As per my analysis, I'm expecting an upside move of 30% in near future. Please do your own analysis before making any financial decision.
NSE:ARMANFIN
Ascending Triangle breakout in ArmanfinIn a weekly chart there is ascending triangle breakout in Armanfin and also broke its all time high 1121 with volume. As per pattern target stock can go till 1990. Its a purely technical call not a fundamental. Do your own analysis before investment.
arman financearman finanace break out done will wait for retest near 1150 for better R:R sl below 1050
ARMAAN FINANCIAL Breaking Out LTH.After a good consolidation near breakout levels, stock has finally broken out, And I am expecting good rally.
ARMAN FINANCIALSE TARGET 1176ARMAN FINANCIAL SE under rising wedge. Under bullish mode. Strong bullish. Target 1176. If it sustain above 1176, it will reach 1400
ARMANFIN Cup & Handle pattern BreakoutNSE:ARMANFIN BSE:ARMANFIN
Technical Observations -
1) Price closed is equal to Previous All Time High (ATH) made on 24th Feb 2020
2) Weekly closed above previous year high
3) Cup & Handle pattern resistance line Break with high volume
Resistance – 1420/1740/2016
Support zone (Near last swing low) – 820-720
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE FOR EDUCATIONAL PURPOSE ONLY. I AM NOT RESPONSIBLE FOR YOUR ANY LOSS OR PROFIT. CONSULT YOUR ADVISER BEFORE TAKING ANY TRADE. I HELP PEOPLE TO LEARN TECHNICAL ANALYSIS & CHARTS READING. THIS IS NOT A BUY, SELL OR HOLD RECOMMENDATIONS.
THE NEXT BIG THING!!!!ARMAN FINANCIAL SERVICES, this mighty small cap can be enttered after it succesfully breaks the strong level of 342, it can show limitless growth for years coming. Try to accumulate in every possible dip, always consult your financial advisor before taking any financial decisions.
Arman Fin - 8mth VCP BreakoutBUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
