Arman Financial - Channel Bottom
NBFC's are in an upcycle and this co is growing at 30-40% as things stand.
The stock price is at a channel bottom so could rebound from here.
Long if it bounces tomorrow with a stoploss below 1150 for short term and if your investing then around 1090 is a breakout retest..look for a bounce there to really load up on the stock..and if it breaks below take the SL below 1075.
I wouldn't by it until there first is a bounce here or on the retest.
The stock price is at a channel bottom so could rebound from here.
Long if it bounces tomorrow with a stoploss below 1150 for short term and if your investing then around 1090 is a breakout retest..look for a bounce there to really load up on the stock..and if it breaks below take the SL below 1075.
I wouldn't by it until there first is a bounce here or on the retest.
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