Stock analysis Arvind Fashions Limited ARVINDFASN
Recent prices of ARVINDFASN Arvind Fashions Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast for Arvind Fashions Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Arvind Fashions Limited ARVINDFASN at this time. Stock is falling and might fall more.
It appears as if Arvind Fashions Limited ARVINDFASN gave a large move recently.
Stock of Arvind Fashions Limited (ARVINDFASN) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Arvind Fashions Limited is bearish for shortterm, and stock might move down till 316.6 or till 309.3. Use a stoploss of 322.75 and if the stock hits stoploss, then it can shoot up till 328.87