Daily Renko Charts (Brick size: 1.97) & Supertrend Combination are giving a buying position for ARVIND for next week. One can enter a bullish position in Future/Options for August Expiry. As its a Renko charts, I will not give any stop loss or Target profit. However, I will update about the SELL signal to exit from such position.
ملاحظة
This BUY signal is further confirmed by a 'Bullish Divergence' on Stochastic Oscillator.
تم فتح الصفقة
Arvind opened already at high 432.5 (3% gain). I guess one should wait for a rational price of 427 to enter in position. The government may raise (Today) import duties on imported clothes, which is giving a spike in this stock.
تم حذف الأمر
Never knew there was a Q1 result scheduled for Monday. Volatility spoiled the trend. Canceling this trade.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.