this stock may got a bull run.
as trendline support and horizontal support area will not fall it down and may boost it to bull run.
exit half on 8 % then trail
NBFC's are in an upcycle and this co is growing at 30-40% as things stand.
The stock price is at a channel bottom so could rebound from here.
Long if it bounces tomorrow with a stoploss below 1150 for short term and if your investing then around 1090 is a breakout retest..look for a bounce there to really load up on the stock..and if it breaks below take the SL...
ARMANFIN:- last few days stock consolidating in small range. and also breakout the resistance level. accumulate at current level.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow...
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned...
All detail for chat. good entry at mark price only. and must stoploss is 1000minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
All detail for chat. good entry at mark price only. and must stoploss is 910 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
I have observed possible range breakout in Arman Fin in the Daily time frame. When the price closes above 1219, we can enter the trade with a strict stop loss at 1082. Targets are marked in the chart. As per my analysis, I'm expecting an upside move of 30% in near future. Please do your own analysis before making any financial decision.
NSE:ARMANFIN
In a weekly chart there is ascending triangle breakout in Armanfin and also broke its all time high 1121 with volume. As per pattern target stock can go till 1990. Its a purely technical call not a fundamental. Do your own analysis before investment.
NSE:ARMANFIN BSE:ARMANFIN
Technical Observations -
1) Price closed is equal to Previous All Time High (ATH) made on 24th Feb 2020
2) Weekly closed above previous year high
3) Cup & Handle pattern resistance line Break with high volume
Resistance – 1420/1740/2016
Support zone (Near last swing low) – 820-720
DISCLAIMER: I AM NOT SEBI REGISTERED...
ARMAN FINANCIAL SERVICES, this mighty small cap can be enttered after it succesfully breaks the strong level of 342, it can show limitless growth for years coming. Try to accumulate in every possible dip, always consult your financial advisor before taking any financial decisions.
