ARVIND SMARTSPACES FOR POSITIONAL TRADEThis is only for education purpose only. Please check your own analysis before you take a trade
ARVSMART trade ideas
Arvind SmartSpaces Breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since November 2021, NSE:ARVSMART has given a breakout today. Buy with a stop just below ₹220. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also)
Strengths: -
1. Quarterly sales growth is at 124% and quarterly profit growth is at 219%, TTM sales growth is at 75% and TTM profit growth is at 86%
2. Debt to equity at 0.07(less than 1 is good), Interest Coverage at 4.66(greater than 3 is good), Current Ratio at 1.59(greater than 1.5 is good)
3. India Ratings and Research (Ind-Ra) has upgraded Arvind SmartSpaces Limited’s (ASSL) Long-Term Issuer Rating to ‘IND A’ from ‘IND A-’. The Outlook is Positive.
Weaknesses: -
1. Stock is trading at 2.57 times its book value
2. The company has delivered a poor sales growth of 10% over the past five years
3. The company has a low return on equity of 8% for the last 3 years
4. Promoter holding has decreased over the last 3 years: -5.58%
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
Swing trade Entry at current level with positive upside momentum, with SL 170
This recommendation is only for education purpose
ARVIND SMARTSPACE PERFECT PULLBACKArvind Smartspace Monthly Chart show in the brackout and after brackout the share is pullback and than again a good strength, my view this share is good for the upcoming month.
Arvind Smartspaces - LongFrom the chart it can be seen that a rounded bottom pattern is in formation. There is an increase in volume and the green candles are bigger ones as compared to red candles. The price has given breakout and took a retest too and is to move further upward. Buy at all dips and target would be - 220.
Inverse Head and shoulderTarget achieved in the stock idea was shared 3 weeks back with detailed analysis link attached for reference
Inverse Head and shoulderInverse head and shoulder first target should be the size of head but we will set conservative target of 200/210
Do your own research before investing
ARVIND SMART SPACESPRICE HAS FOEMED INVERTED HEAD AND SHOULDER PATTERN AND BREAKOUT HAPPENED..IF IT SUSTAINES THEN GOOD UPWARD MOVE WILL BE POSSIBLE..FOR LEARNING GOOD STUFF TO OBSERVE...
Arvind Smart Space Positional View.Looks like a Cup and Handle breakout in Arvind Smart Space. Looks good to go long.
Multiple bullish patternsThe stock has given 3-year-old trendline breakout and closed above it. It is making a cup and handle pattern. Above 121 it can move to 135 positionally.
Arvind Smartspace - Channel breakoutArvind smartspace has given a channel breakout with a big green candle with rising volume. Expected to reach 125/135 in short term
SL - 95
For eductaional purpose only
Arvind SmartSpacesThe stock has given a good Cup and Handle break out on the Line Charts signalling more strength incoming into the stock.
Symmetrical Triangle breakout on daily chart of ArvSmartSymmetrical Triangle formed on daily chart of NSE:ARVSMART
Waiting for a breakout
