Arvind : Possible Spring : Not a trading or recommendation advice.
Low Risk trade with SL @ around 305.
ARVIND trade ideas
Arvind breaks crucial supportThe stock has broken and closed below its weekly crucial support of 380.
Sell with a closing stoploss of 385 Target 340
FUTURISTIC "BAT"LEVELS MENTIONED IN THE CHART.
NOTE: TRADE WILL BE ACTIVE ONLY AFTER THE PRICE HITS (PRZ, POINT-D)
Disclaimer:
It is very important to do your own analysis before making any investment based on the chart mentioned here.
Trade wisely!
Initiate a Long Trade on ARVINDInitiate a Long trade on Arvind, from 388.75, SL @ 385.25, Targets (1) 394.85, (2) 397, (3) 400, (4) 403, (5) 407, (6) 411
Arvind Long or Short dilemmarecent high 431
Method to calculate next level
(sqroot(431) -1 )^2 = 391
Draw horizontal tangent to SMA20 (simple moving average of 20 period) , i.e. draw horizontal line at slope of SMA20 and we get 382
now 382 is also equal to :-------------
431 - 1.23 * (431-391) = approx 382
so we have two important levels 391 and 382
Long - ArvindLong arvind with stop below 370 support
Target 1 - 400
Target 2 - 415
If breakout above 420 then 430
Always trail stoploss
Arvind Swing Trade - WatchlistWait for a green candle or let it come upside touching one of those lines.
intra-swing trade in arvindintra-swing trade in arvind
september futures
buy@493.5
stop@490.8
target@401.5
lot:2000
qty:1
SHORT TRADE IN ARVIND SEPT (FUT)SHORT TRADE IN ARVIND
SEPTEMBER FUTURES
TRIPLE TOP FORMATION AND
A DOUBLE TOP ON HOURLY CHART
SHORT@401
STOP@405
TARGET 1@395
TARGET 2@ 390
LOT:2000
QTY:2
Arvind - Swing Trade Simple Swing theory. Apply weekend strategy.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
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Personally I am not putting any stop loss. I will update the risk management.
Arvind Outside Bar StrategyLong if it breaks the high of the previous day with a stop loss at the previous day's low.
