Arivand Short for day tradingI am looking to go short once price rise with stop of 400 for Target of 390
ARVIND trade ideas
arvind - at trend supportstock is at very imp support of upward trend line. stock managed to close above 200 dma i.e 365.
going below that we can go for a short trade .
support at 335, 325 once 365 broken on closing basis.
ARVIND breakdown from support zoneARVIND price action break down from the support zone, it shall move further down till 366 zone.
Arvind Wash'n Rinse patternPrice has broken out of the channel but got rejected immediately at the resistance and closed below the channel. It looks like a good trade able Wash and Rinse setup. One can short the stock if the recently made is affordable and can expect the target around lower boundary of the channel. It offers reasonable reward to risk being taken.
Arvind - May 16 Day Trade!Price is consolidating for two days forming a boomerang pattern(New pattern found by me).
Buy above 396.5 with the stoploss of 394. Targets are 401, 403 and 406.
Sell below 390 with the stoploss of 393. Targets are 387, 383 and 380.
Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 16th 2017 only.
Arvind Short for day trade I am looking to go short once price rise with reversal indication , May be stop would be 400 and target would be 390
Regards
ARVIND - 60 Mins - Bullish CypherHello Traders,
We have spotted bullish cypher pattern on ARVIND hourly chart. Pattern is near its completion. Trade levels are mentioned on the chart.
Good Luck!!!
Arvind kaka.. ready to go furtherJust bounce from 382-285 zone.. get ready to looking for 420 ....double top around 410 if cross 410 then move with volume to 420 or more
Arvind - May 5th Day Trade!Buy above 420 with the stoploss of 417. Targets are 424 and 427.
Sell below 417 with the stoploss of 420. Targets are 413 and 410.
Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 5th 2017 only.
Analysis based on Dow tenet "Lines indicate movement".
arvind ltdstock is in uptrend
there was a minor pull back towards channel support
broke the channel on down side but back in swiftly and locked inside the trend
so we can expect a rally towards channel resistance
tgts are channel resistance
BTST arvind long with shiv take long arvind above 406-407 sl 403 trg 410 413 416 ...this is study perpose only
Arvind Short for Day trade The stock is week and heading downward trend ,
One can Look for Short Selling after the small rally
I am basically looking for short Near 403 with Stop 407 and book Profit Near 396
This chart is only for Education Not to be considered as Trading Advise
Regards
arvind ltdstock was in the uptrend
showing signs of fatigue
minor pull back expected towards the cluster/support area
390/386/383
Arvind Ltd Weekly Momentum Turns Negative.As can be seen from the weekly chart of Arvind, momentum in the stock has turned lower and entered into negative territory. It is often a warning sign that stock might change it's current trend. The logic behind this idea is to trade against the trend when it gets old and momentum starts weakening. In my last article i mentioned similar logic on metal index, and CNX metal since has witnessed sharp price correction. Going with the similar pattern I think Arvind will also face sharp price correction from here.
Arvind - Moving up!Price action of Arvind shows it is trending in upward channel. RSI shows strength by hidden bullish divergence. Hidden bullish divergence occurss when price is making a higher low (HL), but the oscillator is showing a lower low (LL). Buy above 389 with the stoploss of 386. Targets are 394, 398.5, and 403.
ARVIND - READY TO BREAK TRENDLINEThe stock is preparing to break the trendline.
Look for shorts.
Only thing is we are a little late as move began 2 days earlier.
But this is a confirmation.
SL would be if it sustains for a while above the trendline again.
Will it break the Ascending triangle. Enter only above 390 for target of 420. It should break the 387-390 with strong volume for the target of 415-420. There are also chances that we may see reversal. So be ready to ride the tide in either way.
Arvind Ltd. may short term support 370Arvind Ltd has been trading up trend and trading in channel, the stock approaching channel support 370 in near term.
Is Arvind ending its bull run?Technical indicator shows exhaustion of the Wave pattern. This is confirmed by the divergence shown between MACD and price indicator. Relative strength of the chart is also showing weakness. The volumes also have remained relatively flat with slight downward slope. All this confirms that the stock is a good candidate for shorting. Will confirm with the daily charts for good entry price points, perhaps at the 380 levels might be a good price to enter with stop loss at 400 and 350 for exit.
Feb 16 : Trader's Queries - Guide me in Trading!One of the most repeated query from traders to me is "Guide me in trading". A guide/mentor in trading or life can act as a stoploss. When the actions are not in your control stoploss saves you.
But you are the one who face the whole situation. Also getting phone no, whata app number, mail id from a trader wont make you a better trader. My posts so far covered positional and investment. Posting for day trading is tough. I cant do trade and post at the same time. So I am sharing my day trade here. In school days I was class leader. My teachers after correcting test papers gave it to me to put total. So I got the chance to see how every individual presented the answers for the same questions in different ways. It has helped me to present my answers in better way.
I always enter after 30 minutes in day trade. I choose stocks in nifty 50 or the stocks I am familiar with. I know the stock's volatility details.
Note : I am a private trader. I am not giving free/paid calls. I am not taking trading classes. I am here to improve my technical knowledge. This is my trading analysis journal.
