ARVIND MILLS - Symm Triangle

#1
Dear Traderji,
The daily/weekly chart of Arvind Mills shows a Symmetrical Triangle formation . Could you kindly comment on the outlook for this stock and whether the observation is correct ?
 
#3
Re: ARVIND MILLS - Chart Pattern

Traderji,
Refer the earlier post; is it time to BUY Arvind Mills now that the Upper Trendline has been broken successfully?

What targets can we expect ?
 

Traderji

Super Moderator
#4
Re: ARVIND MILLS - Chart Pattern

vikasdewan said:
Traderji,
Refer the earlier post; is it time to BUY Arvind Mills now that the Upper Trendline has been broken successfully?

What targets can we expect ?
You can look to book profits at about 155-160.
 
#5
Re: ARVIND MILLS - Chart Pattern

Nice move today by Arvind Mills.....New all time highs! :)
 

Karanm

Active Member
#7
Re: ARVIND MILLS - Chart Pattern

Arvind Mills is forming a broad symmetrical triangle pattern. One should go long on a breakout of the upper trendline (see attached chart).
Sir, any Explorer for Scanning Triangle formation in Metastock.
Regards
Karanm
 

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