ARVIND trade ideas
another risky bet! can give quick gain1Continuous buying from the promoter is seen, forming positive divergence, so... if closes in green today, then might see 52 levels in quick time.
SL is 43.5 on closing basis.
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
ARVIND SHORT AT 52.50 TARGET :50 BY TAKING RESISTACE AT TREAD LINE , IT IS GOING DOWN, IT CAN TAKE SUPPORT AT BOLLINGER BAND MIDDLE LEVEL AT 50
ARVIND LONG TERM BUY CALLARVIND LONG TERM CALL
BUY BETWEEN 48 - 50 (CMP - 51.50) TARGETS 70 & 82 SL CLOSE BELOW 36.50
(NOTE - THIS CALL WILL NEED A LOT OF PATIENCE SO ONLY PURE LONG TERM TRADERS CAN FOLLOW IT)
ARVIND-SHORTVPDDS Methodology: Arvind Short @ 57.4, stoploss @ 58.45, Target @ 55.3.
This analysis is only for educational purpose.
ARVIND - PRICE VOLUME OBSERVATIONSWHAT DOES THE DROP IN PRICE WITH INCREASING VOLUMES SIGNIFY?
TODAY'S TRADED VOLUME IS 50% MORE THAN THE LAST 5 DAYS VOLUME.
Long One can look for Going long on weekly reversal basis ,
its having a very big move ahead , it has just finished its A wave of corrective structure after completing 5 impulse wave up
B wave is usually an Explosive move so look for sharp reversal and expect the correction with in B wave also be very sharp in nature
Look to stay with this trend for completing the forecast target
LongAny reversal on daily one can look for Going long , it will be slow but it will move up for one more move
