AARVEEDEN: HORIZONTAL RESISTANCE BREAKOUT

Feb 1

AARVEEDEN

Aarvee Denims & Exports Ltd. engages in the manufacture and sale of denim and non-denim Fabrics. It operates through Textile and Windmill segments. The company was founded on March 28, 1988, and is headquartered in Ahmedabad, India.

Technical View
Trading in a tight trading range on the weekly chart.
and Also above - 200 ema

Formed a horizontal resistance point at 33.50
Go long above resistance with a Stop of 15

Targets Shall be 40-62-78+

Keep Learning,
Happy Trading.

Feb 2

Trade active

Breakout Done

Feb 5

Note

39.60+ FROM 33.50

18% MOVED 👍

#AARVEEDEN