Aravind Fashion, the stock was ranging around its ipo price after breakout. Now the stock is retesting the levels and at a small trend line support. Expecting a reversal from bottom.
The stock is making the cup & handle pattern with a bullish outlook and volume. Also fundamentally the company is reducing debt and currently the demand for apparels can see a surge with increased prices due to commodity cycle and energy crisis through upcoming winter season. Overall the stock is bullish.
ARVINDFASN WEEKLY TIMEFRAME Note Please leave comments for any query. Disclaimer This is my trading experience, it is not an invite or recommendation to trade. Best Wishes PRABHUMAYAKANNAN
Arvind Fashions is doing Bold Ramp Walk :) On Weekly - we see Double Bottom Pattern, Followed by Flag Pole - All Breakouts powerful and successful and heading to defined targets steadily Target 1 - 517 (Reached) Target 2 - 531 Target 3 - 640 Target 4 - 700 Target 5 - 780 As part of the Budget there is incentives for Textile industry and we expect strong...
ARVINDFASN weekly timeframe i just shared my experience it is not an invite or recommendation to trade. if youn any doubt means Please leave comments for any query. best wishes DYSON
Arvind Fashion has been given a strong breakout on daily chart Company has delivered good profit growth of 59.9% CAGR over last 5 years FII's Are Increasing their stake.
There is an breakout with increase in volume. Maybe stock is getting ready for a new trend. At around 370-380 is a good level to have a stock in portfolio.
A long bullish VCP setup is being formed in Arvindfasn. Stock has been consolidating for 2 years now. FII's have doubled their stakes since 2020.
This stock When it sustain 390 level above it will touch life time High level so participate in rally by adding small small portion My Target 500+ No recommendation for buy and sell Take own analysis or SEBI registration advice No responsibility from my side for profit or loss I'm not recommending to participate in rally just education purpose
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348-352 was a long term resistance. The price broke the resistance, gave a good break out, and now restesting the older resistance. If it successfully bounces off from here, there's a good upside potential.
Buy Arvind fashions if get closing day candle above trendline for a target of 35%
Looks good for swing trade, market is to much volatile take trade accordingly. in this trade Stop loss is big but rewords are also big, it has made a beautiful pattern and today it has given BO. A swing trade can be taken. DISCLIMER: This chart is just for educational purpose.
long term trend line breakout , stock coming out of consolidation zone
Proper create a POLL an FLAG pattern and confirm the retest So.. perfect time to enter this stock Before our risk management 👍
Arvind Fashions LTD Good uptrend RSI - 64 Levels - Good time to enter Target: 352 Support levels are given below 310 & 294 Like & follow Happy trading :)
upward channel breakout possible. for education purpose only.