This stock has fallen from the highs of 800 to 201 now.. it has started moving up again, but let's see how much it moves....based purely on technical analysis expect some upside... CMP - 201. 238 is the first target....it is a very small cap so be cautious....this is not a recommendation to buy or sell.
Arvind fashion formed a triangle shaped consolidation pattern
Buy- 255-256 Sl- 241.50 Tp- 293.30 Higher probability of up movement. Rsi positive Macd cross over near zero line. Stock outperform benchmark index and sectoral index. Long for 1 week to 10 days.
Already broken the consolidation range and strong, Trading near 52 week high with oversold RSI on day/week. Monthly RSI looks strong breaking the 20-40 range. May go for a dip in price and resume the path. Breaking 52 week high can take the price to 450. Wait and Enter!
This scrip had recently brokeout from the wedge pattern and it had Retested it two days back. It had also formed an hammer pattern near the Monthly Pivot Point which is a bullish signal. So do consider going long in this scrip if price closes above Rs.230 with a target of Rs.310 which i think could be achieved in two months.
stock has broken above res zone and looks very bullish in long term
pennant breakout & breakout retest complete bt bad result posted so be cautious.
Arvind Fashion - has been trading in a side ways range for a very long time, it has decisively broken the range and is ready for a big upmove. The volume on weekly also is 3 times more then average volume which signifies FII or DII participation. Can see next level on 338 in coming months
Arvind Fashions traded at the support zone . which is very good support zone. holding days > 150 days. expected return > 30%