STATE OF THE MARKET

Reading Global Trends through Charts

The Big Breakout to watch in 2016

The stock is Arvind.

Arvind stock after a long consolidation has broken out to new HIGH.

arvind
Source: Chartalert.com

Arvind stock struggled to cross above 325 for long before breaking out in last ten days of December 2015. This sets the stock up pretty beautifully for 2016. If the stock sustains above 324, then stock should register strong gains in 2016.

Please do your own due diligence before trading. I have shared the example for learning purpose.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Email a link to a friend (Opens in new window) Email

Like this:

Like Loading...

Copyright © 2026 · News Pro Theme on Genesis Framework · WordPress · Log in

%d