Aarti Drugs has been trading in the same zone for the past 5 years. It is on the verge of breaking out of its monthly resistance zone.If monthly candle closes above the resistance then I will go long with a 15-25% target view. Keep it in your watchlist.NSE:AARTIDRUGS
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So far captured 3.5%. Trailing my stop loss now and will ride the trend.
Hey loved your analysis! Could you tell me how to find these type of stocks which are about to break out. Is there any tool which identifies the movement?
internal_0rgan
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@himanshu93, Yes! I have a few scanners which scans for breakouts. You can search on chartink and you'll find a lot of scanners with such breakouts