Looks like an uptrend, price is following 50wma and retesting trendline after breakout. Buy at cmp for Target of 360, Sl can be placed at 227.
Symmetrical Triangle Breakout with good volume.. It has been in a good uptrend since a long time and such breakout suggests more bullishness in the stock.. Keep on Watchlist..
The midline of the trading range is a barrier Position Sizing Advised. Trail Sl when in profits.
AFL is so bullish it is making new highs everyday and we see that today it show some profit booking but with low volumes ( positive sign) before covid it was trading at 700 range but now only on 266 ... showing tgt of 320 in short time....one day it was open as 15 points gap up.....now some profit booking and correction is going on...so some good buy levels are here.....
stock has given a strong breakout with insane volumes, I know It's tempting but risky also. buy but less qty! target open!
It looks like this stock is in wave 3..... time horizon: 1 year Upside potential: 30% in 1 year Sl compulsory
#ARVINDFASN MID-TERM VIEW Buy & Accumulate between 212 - 222 SL 201 Target 275
Arvind Fashion can be looked @200 for short term gain of 10-20%.
Arvind Fashion Retail has been consolidating for more then a year and now has given a breakout from its consolidation. We can use Comparative Strategy and see its peer Aditya Birla Fashion which has performed quite good and hence we can see the same in Arvind Fashion. Arvind Fashion has brands like CALVIN KLEIN , FLYING MACHINE and they have sold out their loss...
25-Jul-2021 Arvind Fashions just broken out of weekly consolidation. Upside is completely open. Buy 197, SL 150, TP 320+ & more
ARVIND FASHION IS RELATED TO BEST PERFORMING SECTOR - TEXTILE AND PRICE CROSS 52 HIGH AFTER ALL CONSOLIDATION OF PRICE
Arvind Fashion buy above 184 once-weekly candle close above, Target of 245 with SL 157 if day's candle close.
ARVINDFASN trend analysis
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Buy above 185.50 SL @ 150 - Possibilty for which is very less Targets :- 220 , 240 , 270 , 300 + Fundamentally a Good Textile Company & with the ban of Chinese Cotton , is a positive news for Textile Industry in India . Avoid entries , if there is a Huge Gap Up / Gap Down Take Entries as per Price Action ** Only for Educational Purposes PLEASE DO LIKE ,...