Technical Pick - Arvind
Arvind is finding support at 390 and resistance at 400. Break and sustain above 400 will see nonstop rally till 410+ and then 415++ in days to come.
Traders don’t go for aggressive or positional selling at all because trend looks positive and we expect rally to remain continue till 410++mark in coming days. For positional trade, stop loss seeing below 390 on closing basis which in unlikely to breach in near terms.
Trading Recommendation
Buy Arvind above 400 on closing basis for the initial upside target of 410 and then 415++ mark with stop loss below 390 on closing basis.
More will update soon!!
