ARVIND BUY SL 405 POSITIONAL FOR 3 DAYS TAKE BUY AT 413 TO 415 WAIT AND BUY TODAY OR TOMORROW IF IT BREAK 428 IT WILL GO UP
Buy above 420 with the stoploss of 417. Targets are 424 and 427. Sell below 417 with the stoploss of 420. Targets are 413 and 410. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 5th 2017 only. Analysis based on Dow tenet "Lines indicate movement".
Buy arvind around 407-8... with sl 405.. for target 413 / 418
stock is in uptrend there was a minor pull back towards channel support broke the channel on down side but back in swiftly and locked inside the trend so we can expect a rally towards channel resistance tgts are channel resistance
take long arvind above 406-407 sl 403 trg 410 413 416 ...this is study perpose only
The stock is week and heading downward trend , One can Look for Short Selling after the small rally I am basically looking for short Near 403 with Stop 407 and book Profit Near 396 This chart is only for Education Not to be considered as Trading Advise Regards
stock was in the uptrend showing signs of fatigue minor pull back expected towards the cluster/support area 390/386/383
As can be seen from the weekly chart of Arvind, momentum in the stock has turned lower and entered into negative territory. It is often a warning sign that stock might change it's current trend. The logic behind this idea is to trade against the trend when it gets old and momentum starts weakening. In my last article i mentioned similar logic on metal index, and...
arvind is breaking out on upside sl 399 tgt 408
Can go long at CMP with stop loss at low of the trendline.
Price action of Arvind shows it is trending in upward channel. RSI shows strength by hidden bullish divergence. Hidden bullish divergence occurss when price is making a higher low (HL), but the oscillator is showing a lower low (LL). Buy above 389 with the stoploss of 386. Targets are 394, 398.5, and 403.