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Arvind Ltd

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Nov 11, 2013.

  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I am sorry vishuhd for late reply, actually I haven't noticed ur query.
    So yeah it is a pullback only but still long term trend as well as short term trend is intact because making higher top higher bottom, last was not higher but till now no confirmation of trend change.
    It has run quite well so little consolidation is justified or else it will not able move up for long.
    As far as I am concerned I have invested for long term @ 114 and again re entered @ 140 and will be ready to buy @ above as well as in dip according to my strategy.
    But if any one is thinking for fresh entry then it should be around 136-137 with very strict stop of 130 for short term if going down side or else wait for the break out means 150 than 157 with stop of 137 as per risk appetite cos for me stop should not be deep for short term trade and above 10% is deep stop for me if I am trading for short term means entry @ break out level of 150 would be fine for me if it goes up side or else I will keep tracking for fresh entry if get any chance or else I simply take it as I missed the train.

    Don't run behind anything, you wont get that but yeah you could lose so much, it is my personal experience which include everything from our life.
     

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  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Bingo,

    Have u read what I said on 25th jan?

    Again Arvind started rocking 6.01% up and touched 136-137 level exactly what I mentioned to use for fresh entry with stop of 130.

    Get ready to exit if u r a short term trader.

    Banged.
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    :D I don't know how many missed this but me and my PMC clients are still enjoying Arvind.

    Made a high of 175.45, trading @ 171.60.

    Banging all the way.



    114 to 170 in just 5 months, in fact 5 month is not completed as yet.

    That is y I call "charting" a beauty is, it help to you generate huge money maximum times.

    Thanks to those who taught me.
     
  4. ravirajpr

    ravirajpr Responder

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    Nice bullish chart...long since 31st Jan.
    For some reasons did not add to my position during breakout as I had entered position quite early.
    Note how MA 20 & 50 is acting as support every time price pulls back.
     

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  5. shwetagnema

    shwetagnema Active Member

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