Marketplace industry has given a break out of previous 52 week high and with a good volume its now works at 4 all time high although it can take some kind of refreshments at some point
Archidply (Swing):
Getting support across a major demand zone.
Time to look for a swing opportunity here.
One can expect a minimum 65-75% gains.
Add positions while script rovers around 60-70.
Appropriate resistances/targets are highlighted.
Note: Do your own due diligence before taking any action.
I would be posting updates for this chart in the comments...
ARCHIDPLY for long term Investment, seems good for Long from here .. Target, SL clearly given in chart
***I am not SEBI Registered. All my charts and analysis are only for educational purpose not for trading purpose.
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%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers.
Breakout yesterday on weekly.
Three more days to go yet for the week.
Huge volume yesterday.
I am placing 25% buy @ box top around 62
RS is good
false bar on stochastic on top
Elliott wave oscillator (5,35) is green
👁️👁️ ARCHIDPLY.... CMP 65.20....COULD BE A GOOD GAINER IN COMMIING DAYS.... i m not sebt regt analyst...post is only for educational purpose...before taking any position pls consult ur financial advisor.
ARCHIRPLY NSE is bullish if 61 holds. NEW 52WEEK High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco . Not Sebi Registered.
Archidply CMP - 42.20
Looking bullish in higher time frame. One can go for Swing / Short Term Trade setup with the following entry, exit & targets
Buy range 41 - 44 / Stop Loss 35
Target 1 - 50
Target 2 - 55
Target 3 – 60 / 70
Disclaimer: This is my view and for educational purpose only.
