6M chart shows a Double bottom breakout, we need to wait till December closing, aggressive investors may consider trade now. This shows a potential 100% return from here.
Monthly and weekly chart shows an all time high breakout, after 5 years of consolidation and hitting the same supply region.
This chart shows opportunity for swing and short term.
75 minutes...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
In this picture you see a beautiful cup and handle formation its on the verge of breakout once it breakout and then on retest one can consider as per his R:R. Keep in watchlist do proper research before go through. Always maintained stop loss.
*Arvind Ltd.*
C&H Formation on Yearly Basis.
Strong Price BreakOut & Sustained.
Vol. Consolidation & Continued BuiltUp.
Strong Resistance @160.
Trail SL with Upside.
Book Profit as per Risk Appetite.
AL is vertically integrated textile Co.
Vintage: ~8 Decades in this industry.
Largest denim manufacturers in world.
Sales: Export/Domestic: 51%/49%.
Stable...
Cup And Handle Breakout in Monthly Chart
Buy Above 150 on MCB
Target 280
buy on formation of bullish candle ....or at retracment...
SL according t ur postion size and risk taking capacity
all d best
Logic= Bounced from suport...so traders can buy with stoploss...INVESTORS can buy from short term to long term tgt....BUT if it falls further buy at next level mentioned on chart...PLEASE ..do see and READ the chart...It
ARVIND had broken resistance zone and had respected support zone of 85 to 89. there has been a recent breakout with good volumes with RSI above 60 levels
Long position can be initiated with target of 1:1 or 1:2 risk reward ratio
Disclaimer:
This is for educational purpose. We are not SEBI registered analysts.
#TrendAnalysis #NSEindia #Trading #StockMarketindia...
Sectoral tailwind due to festival season!
ROE of 8.5 (previous year -1.5 )
ROCE of 12 (previous year 4)
Profits all time high!!
Turn around story can't be any better isn't it!!!!
* Invested
Arvind Limited (‘the Company’) is one of India’s leading vertically integrated textile company with the presence of almost eight decades in this industry. It is among the largest denim manufacturers in the world. It also manufactures a range of cotton shirting, denim, knits and bottom weights (Khakis) fabrics and Jeans and Shirts Garments.
ARVIND NSE is bullish if 138 holds. Near 52 Weeks High. Fresh Breakout on Weekly Chart. Positive Trend.
**** Educational Purpose Only. Not Buy/Sell Recommendations.
Best Buying Price to buy Arvind Share
On time the market is falling
Let the market sentiments setle then we can see buying in stocks too
arvind is a good share fundamentally
#RSI value too Approaching near 30 Consider buying only if we see reversal
