Monday, 4 September 2017

LONG WHITE CANDLESTICK IN ARVIND


BUY  ARVIND ABOVE 388 TGT 393/398 SL 380
Primary trend of the ARVIND  is bullish After showing correction from the higher level, now stock is trading in good recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 392 as the stock is managing to sustain above the level of 386. One may get the targets of 398,405 in the stock with the stop loss of 380.
Overall trend of the stock is bullish. as the stock is managing to trade above its 22& 55 and 200 days moving averages with the RSI of 60. It is likely to experience fresh buying with the crossing of 396 , where one may keep the targets of 405-410 in the stock with the stop loss of 380.
DAILY CHART FOR ARVIND:


4 comments:

  1. I have 2 lots of DIVISLAB @ 715 , It will come to my first target 721 on Tuesday.

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    Replies
    1. TODAY,DIVISLAB MADE A HIGH OF 722.65, YOU CAN BOOK PROFIT ON WEDNESDAY NEAR 720-722.

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  2. I have 2 lots of RELIANCE 1860 CALL @ 17 ,it will come today. may i hold it.

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