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Arvind - Descending Triangle Pattern

Discussion in 'Technical Analysis' started by sujan4bw, Aug 24, 2012.

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  1. sujan4bw

    sujan4bw Member

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    Hi Shabbir,

    Is Arvind has Descending triangle pattern formed ? I think below 66 should be an entry point.

    Please correct me If im wrong.

    Regards
    Sujan
     

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    sujan4bw, Aug 24, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Don't call that as entry point but rather shorting point. Yes cracking major support should be shorting point but I am not sure if Arvind is in FnO or not?
     
    shabbir, Aug 24, 2012
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  3. sujan4bw

    sujan4bw Member

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    No I don't trade in this but trying to find as many patterns as I can.
     
    sujan4bw, Aug 24, 2012
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  4. verenmitter2001

    verenmitter2001 Member

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    Hi
    Whats yor view on ARVIND now.

    regards
    Veren
     
    verenmitter2001, Dec 26, 2012
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  5. shabbir

    shabbir Administrator Staff Member

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    It is forming higher top, higher bottoms and so should be a good stock to buy if it break out above 98
     
    shabbir, Dec 26, 2012
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