ARROWGREEN trade ideas
Arrow Greentech Ltd (ARROWGREEN): Bullish Breakout from Cup and Arrow Greentech Ltd has shown a strong bullish breakout from a cup and handle pattern, which suggests a potential continuation of the uptrend. The increase in volume during the breakout supports this bullish sentiment.
Key Observations
Cup and Handle Formation: A potential "Cup and Handle" pattern is observed, which can often signal a bullish continuation after a period of consolidation.
Breakout: The stock has recently broken above the handle of the cup, indicating a bullish breakout.
Volume: The volume has increased during the breakout, supporting the bullish momentum.
Positive Indicators: The Relative Strength Index (RSI) is currently above 50, suggesting a bullish bias.
ARROW GREENTECH LTD - MONTHLY CHART (7 YR BREAKOUT POSSIBLE)- Strong breakout possible post levels of 640 which could take the stock into uncharted territory
- Strong fundamentals with PE of 30
- Unique competitive advantage of being into business of Green Packaging
- Monthly chart also shows rising wedge pattern
Arrow GreentechRetest after taking support from previous strong resistance.
A shakeout is also witnessed taking out the weak hands.
Such a phenomenon is usually followed by a strong upside rally.
Arrow Greentech: Trading near multiyear breakoutArrow Greentech is showing good strength near support levels. Keep on radar. Can expect new all time high soon. Stock is trading near ATH levels.
Arrow Greentech: Falling trendline breakoutArrow Greentech is looking good on daily time frame. Stock is attempting falling trendline breakout. Keep on radar.
Arrow Greentech: Trading near falling trendline breakoutArrow Greentech is looking good on daily time frame. Stock is trading near falling trendline breakout zone. Keep on radar.
ARROW GREENTECH Net Sales at Rs 29.12 crore in September 2023 up 65.83% from Rs. 17.56 crore in September 2022.
Quarterly Net Profit at Rs. 5.10 crore in September 2023 up 1242.11% from Rs. 0.38 crore in September 2022.
EBITDA stands at Rs. 9.57 crore in September 2023 up 857% from Rs. 1.00 crore in September 2022.
Arrow Greentech EPS has increased to Rs. 3.38 in September 2023 from Rs. 0.27 in September 2022
Arrow Greenteck: Forming multiple inside bar on DTFArrow Greenteck is consolidating and forming multiple inside bar on daily time frame. Keep on radar for closing above 490.
Arrow GreentechForming a base2 at current price of 449 and showing a good BO after forming this base for last 22 weeks.
Seems next resistance is at 530 and 660. Can be added with SL of 380.
Arrow Greentech Limited is engaged in the business of developing biodegradable (green) products and high-tech products.
Stock is hovering around PE of 26 and showing ROCE 20.9 % and ROE 14.2 %.
Good future growth prospects looking at increasing environment concerns.
ARROWGREENARROWGREEN:- Rounding bottom pattern has been made, breakout has also been given, if you want to plan something then do it between 208-222, till then keep your eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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Arrow Greentech - Achieved 10% within 10 DaysArrow Greentech
✓ Entry Given on 12th March (Sunday)
✓ Target Achieved on 23rd March
✓ Achieved 10% within 10 Days
✓ R:R = 1.4
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Arrow Greentech Cup and Handle Breakout on Weekly chartArrow Greentech is small cap company.
It has showed cup and handle breakout on weekly charts
Favorable R:R with SL at 165
Promoter has recently bought additional shares via preferential allotment at 108 along with an investor who has bought in 3% of the company
intraday, swing, short term, 50% return
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
.
.
refer my old idea given below in the related ideas
intraday, swing, short termadd this stock in your watch list
cup and handel structure is formed.
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
Arrowgreen Hourly looking bullishArrowgreen Hourly has trendline breakout, good to buy at 89-92 range with sl of 83 for targets of 98,101
ARROWGREENARROWGREEN: Looking Good
Expecting Head & Shoulder Pattern will be done @165
Buy CMP/Above 117.65 Add Every Dip Stop-Loss Closing Below 100 (Safe) 80 (Risky)
Target 135-155-175-200+++
Positional Call
ARROWGREENDaily Chart Analysis:
LTP: 153.55
Recently after a gap-up opening taking support near 150. Can take trade here with small SL, else if market favours then buy near lower trendline.
#ARROWGREEN CMP 70.65 Target 170++ Invest and forget for a weeks#ARROWGREEN
CMP 70.65
Target 110 // 130 // 170++ More than double.
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NSE: ARROWGREEN
Super Bullish on this stock.
From Rachit Sethia with 💚
