Buy zone above 945 to 970
Expected Major targets - 1200 if sustain above then 1510
Minor targets - 1100, 1240 , 1380, 1460
Stop loss - Closing below - 940 for risky trader 850
Please do your due diligence before trading or investment.
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**Disclaimer -
I am not a SEBI registered analyst...
Agarwal Industrial Corporation Ltd is primarily engaged in the business activities of manufacturing and trading of Petrochemicals (Bitumen and Bituminous Products), logistics of bitumen and liquefied Petroleum Gas and energy generation through Wind Mills
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Agarwal Industries looks strong.
I missed entry into it, and hence will wait for a good entry point.
This stock is good for long term as portfolio as well.
In the Weekly Chart of AGARIND ,
we can see that, it is near Very Big Cup & Handle Breakout.
it has given a small breakout from trendline.
Enter with SL and go very long .
NSE: AGARIND is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital...
Agarwal Industrial Corporation Limited ( formerly known as Bombay Baroda Roadways (India) Limited), was promoted by Sh. Jaiprakash Agarwal, Sh. Lalit Agarwal, Sh. Mahendra Agarwal and Sh. Ramchandra Agarwal, brothers, in the year 1995 with the main objective to carry on the business of transportation of LPG and Bitumen throughout India. The Company is principally...
