your valuable guidance please.

#1
i have been watching arvindmill share for some time. its range is rs.81 to rs.83. i understand the comapany is doing well and many suggest good for long term. is the share at current market price ok, or overpriced. request guidance and further info. :confused:
 
#2
stpmds said:
i have been watching arvindmill share for some time. its range is rs.81 to rs.83. i understand the comapany is doing well and many suggest good for long term. is the share at current market price ok, or overpriced. request guidance and further info. :confused:
Arvind Mills could be overbought and ready for a correction.

I would suggest you to wait for a close above the trading range that you have been monitoring and then go long. If the share falls below the low of the trading range then it is better to wait for the correction to complete itself before going long.
 

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