Arvind - Head and Shoulder pattern on Daily time frameArvind - Head and Shoulder pattern on Daily time frame
T1 - 65
ARVIND trade ideas
ARVIND, positive divergence and triangle patternTechnical- In a triangle pattern breakout can come either side but we have support of rsi which is indicating a positive divergence .
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Under this scheme apparel and made-up exporters get rebate on state&Central taxes.
Earlier deadline was 31st March 2020.
good to buy at 34 target 36.30,37.50, 40
Arvind - Long for Swing Trade Arvind CMP - 34.35
Looking bullish and can go for swing trade with the following targets.
Buy range 33.50 - 34.50 / Stop Loss 28.50
Target 1 - 40
Target 2 - 45
Note: This is my view and for educational purpose only
Exepted For Breakout or Down ...Exepted For Breakout or Down ...
Waiting For Breakout or Down form Bullish Flag Pattern!
ARVINDWAITING FOR PRICES TO TEST THE ENTRY ZONE. SELL SETUP :)
KEEP IT SIMPLE, KEEP IT UNIQUE :)
HAPPY TRADING, HAPPY PROFIT MAKING :)
NOTE: MY VIEW ONLY....
Long Arvind for 2 to 3 daysRSI and Stochastic over bought and showing divergence with price action pinbar and volume spike supporting momentum shift
if it breaks Friday's high very good chance of reaching our target .
Inverted Head & Shoulder pattern break out retest on 1hr chartInverted Head and Shoulder pattern break out retest on hourly chart
Inverted Head and Shoulder pattern break out on hourly chartInverted Head and Shoulder pattern break out on hourly chart
BEARISH CRAB in ARVINDBEARISH CRAB in ARVIND. the share is consolidating on resistance zone (i.e blue line ).
One can short ARVIND at current level , with target 1 at 38.2% retracement and target 2 at 61.8% retracement .
For THETA DECAY one can short ARVIND SEPT440CE at 2.4 with lot size of 2000 For gain of Rs4800 .
Arvind SNR395-400 is a good resistance for Arvind and it has bounded back twice in last 3 months from that level. 400 is also acting as a handle here. Looks good to short at around 400.
ARVIND Will touch 362 - 15 min Dissimilarity ZoneARVIND Will touch 362 - 15 min Dissimilarity Zone very sooner
200 Day EMA : Arvind Ltd.Arvind Ltd. (364.00) :
Arvind ltd is closed at 364 level. Stock has corrected from 423 and took support around 325 level which is 200 day EMA and bounced back to 364.
From last 5-7 trading sessions, the stock has shown up good price action in decline market. The stock is also trading above all short term moving averages.
One can initiate long position between 362-367 levels with stop loss of 330 (closing basis) for target of new 52 week high above 425 levels.
