November 23, 2015
Arvind Ltd (NSE Cash)
298 - 296
14 - 21 sessions
Source: Falcon (Chart Time: 14:50 IST)
During last week, the stock had given breakout from an ‘Ascending Triangle’ with good volumes. Prices have
shown pullback move in last couple of sessions and are currently trading around the breakout level. The
prices and the the momentum reading are forming higher top higher bottom and hence the stock could
continue its upmove in near term. The pullback move should be used as buying opportunity and hence
advise traders to buy this stock from current level and on corrections up to
296 for a target of
in coming 14 to 21 trading sessions. The stop loss for this trade set up can be kept at
November 23, 2015
Last 7 recommendations
Recom. Buying/Selling Range CMP
Target 2 Stop-loss
402 - 406
1192 - 1198
160.50 - 162
Bank Of Baroda
172 - 173
Exited at 172
555 - 550
Revised SL to 561
338 - 335
738 - 744
Source: Angel Research
Research Team Tel: 022 - 30940000(Extn: 6552) Website:
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