Agarwal Industry ! In Interesting position #infra proxy-play in attractive valuation
swing trader can enter this with SL below the TL. Plan your risk first. Very Good fundamental stock.
Agarwal Industrial C is involved in the business activities of Manufacture of other petroleum (includes manufacture of petroleum jelly, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals). Company’s Total Operating Revenue is Rs....
Support & resistance band for short term trade, This is for my learning purpose, not advised.
Agarwal Industries is showing sign of Multi Year Breakout, targets and SL (220) updated on charts.
nice rounding bottom recovery. Will soar with infra recovery as bitumen is main product.
AGRAWAL INDUSTRIES---> GOOD ROUNDING BOTTOM BO, WITH VOLUMES GOOD BUSINESS MODEL STOCK TRADING AT CHEAP PE RATIO STOCK WILL BE DOUBLE/TRIPLE FROM CMP ------------------ REFER CHART FOR DETAILED LEVELS ----------------- ALWAYS FOLLOW STOPLOSS FOR EVERY TRADE ------------------ THIS IS A POSITIONAL BET ------------------
Agarwal industries can be looked for target of 240 in short term. MT 340.
AGARIND 1 WEEK timeframe chart buying range bound pattern breakout on 1 day timeframe multiple resistance break target 1 = 335 target 2= 523
CMP 107 SL 95 TARGET 160
Stock has give BO from Cup & Handle on weekly TF. BO price was 123.90 Depth of the cup is 77 points Ideally target would be 77 points from BO (i.e, 201) Good to buy the stock on dips.
NSE:AGARIND LOOKING GOOD CUP & HANDLE BREAKOUT ABOVE 110 BUY ABOVE 110 ADD UNTIL 95 STOPLOSS 90 TARGET 130-150-170-190+ POSITIONAL CALL
CMP - 720 SL - 700 Target - 760 (very shortterm) Will update More information once it reach 760Rs.