Arvind fashion Ltd. cmp 350. Breakout from a small inverted head and shoulders pattern ( this is a right shoulder of a bigger inv H&S pattern) , with potential target of 380. Breakout from bigger H&S pattern will be above 365, with potential target of 450. Example of a same smaller pattern within a bigger pattern.
Overall the stock has been an underperformer as compared to a lot of other stocks. Let’s see if anything changes here.
disc: invested.
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