Arvind - Short ideaArvind has retraced to 78.6% and stocks usually reverse from here.
Once can go short below 434 with SL 438 for T1 - 430 T2 - 425 T3 - 420
ARVIND trade ideas
Arvind Channel tradeArvind Channel trade
Past Resistance @410
Long Position to be initiated @411 to ride the channel with SL of 402 Low of green candle body
Arvind - Long ideaThe stock is retraced upto 78.6% and taking support at 61.8% level.
Long above 400
SL 395
Target 412
The stock is consolidating in a range of 350 to 420 for 1 year.
In long term crossing 420 will be big ultra move on the upside.
Arvind Resistance Level and Theta Decay- Bearish harami candle formation after rally indicates exhaustion of buying
- Stock has also reached Fibonacci 1.618 level from previous low.
- Resistance Level 1 reached
- Theta Decay advantage can be taken
- One can short Resistance Level 2.
- 430 CE available at 4.55 (lot qty 2000)
Pattern Series 5 - Magical Trend Lines!People go for costly indicators, softwares etc. But do you know there is a very simple way to analyse? We all can use it. As children we all learnt about drawing lines. And these simple lines are still helpful and more powerful in trading. You need to connect two points to draw trend line. It should not intercept other candles. Try and see how trend lines are working as magical lines!
Arvind Theta decay ideaThe stock is finding resistance at 420 ( look at the long wicks) and next support is placed at 390.
Once can short
420 CE = 6.85 X 2000 = 13700
390 PE = 1.90 x 2000 = 3800
Arvind - Getting more green!Price action will complete rounding bottom at 423. And there is resistance at the level 423 - 428. After breaking the resistance if price is not forming handle, it will gain another 40 to 50 points.
Arvind - Bearish BatThe stock has formed a bearish Bat in hourly chart. One can wait for confirmation around 885 level and initiate a short position as per the trade set up in chart.
Arvind - Bearish BatThe stock has formed a bearish bat pattern in hourly chart. One can wait for confirmation around 885 to initiate a short position as per trade set up in chart.
Arvind - Rounding bottom!Price action has formed rounding bottom. It may retrace to 380 levels before starting to go up thus forming cup and handle formation. After breaking 390 - 395, it will move towards 415 and 430.
Arvind Ltd :: Breakout on High VolumesArvind Ltd. is on the verge of a breakout with high volumes. A long can be considered with a Stop Loss at 377 and targets at 399,414 and 426.
Arvind - Sep 4 Day Trade!Buy above 373 with the stoploss of 371. Targets are 376, 379 and 381. Sell below 370 with the stoploss of 372. Targets are 369, 367 and 365. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for short. 4. Dont enter trade if there is no clear buy/sell signal. 5. Enter when price action breaks 15 mins high/low.
Possible Day Trade set up I am looking to go long on pull back or after 15 mints with bullish candle
stop would be 370 and i am looking the conservative target would be 389
Regards
Positional callStock is at just trading above 50 days MA. So believing upside from here one can keep SL of 355.
arvind looks bearish in short termprice reversed from downtrend channel resistance level. it should come down to the channel support level.
sl - 386.5, 1st tgt - 355.5, 2nd tgt - 345.
Note: this is not a short selling advice, as future trading is quite risky.
Possible short trade set up for Day trading I am looking this stock is making lower low both in weekly and daily , small spike is not important , the stock is going to come down , Watch out for this to make till 357 with in a day or two
Please do not consider this as trade recommendation , Please trade with your own trading plan and analysis
Regards
Arvind - Aug 1 Day Trade!Buy above 365 with the stoploss of 362. Targets are 368, 371 and 374. Sell below 362 with the stoploss of 365. Targets are 359, 355 and 352. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for short. 4. Dont enter trade if there is no clear buy/sell signal. 5. Enter when price action breaks 15 mins high/low.
