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spsinghsan

aarti drugs under watch

AARTI DRUGS LTD (NSE:AARTIDRUGS)  
spsinghsan Updated   
NSE:AARTIDRUGS   AARTI DRUGS LTD
Trend Analysis Fundamental Analysis
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trendanalysis fundamental
Comment:
stock in downtrend after bonus.Wait for MACD histogram and MACD line crossover.
Stock at major trend line support.
Wait for retracement close , consolidation above 50EMA before going long.
If stock start closing below trend line then no action.
Comment:
Can be short candidate as stock can reach 600 level soon.
Comment:
14 nov-bears unable to pull down stock further . Stock over 50 EMA and MACD line over signal. Add thro SIP.
Comment:
5 ema crossed over 9 EMA . Once 9 ema over 21 EMA then add further . TGT 770 and 820
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