Arvind : 410-412 may act as resistance zone
LONG TRADE IN ARVIND CMP 430.55 .BREAKOUT FROM CHANNEL WITH GOOD VOLUME TARGET FOR ARVIND IS 440+
Arvind | Triangle Pattern Formation Target
Long Arvind above 415 SL: 402 Target: 430 R:R ratio: 1:2
Inverted Head and Shoulder pattern break out retest on hourly chart
Inverted Head and Shoulder pattern break out on hourly chart
ARVIND in CHANNEL , reversal from RESISTANCE.
BEARISH 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 .
395-400 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 Zone very sooner