Aarti Ind - Low Risk Opportunity
In the last 6 months, the stock price has come down around 40%. This time has been consolidating in a small range in recent days.
MACD is showing a possible reversal on a weekly basis.
If it gives a reversal, it may go into a bullish phase again.
Possible targets are 485/570/620++.
If it sustains below 370, the setup goes weak.
One has to keep the position size in accordance with risk management.
This illustration is my own view. It is only for learning and sharing purposes. It is not a buying recommendation.
All the best.
MACD is showing a possible reversal on a weekly basis.
If it gives a reversal, it may go into a bullish phase again.
Possible targets are 485/570/620++.
If it sustains below 370, the setup goes weak.
One has to keep the position size in accordance with risk management.
This illustration is my own view. It is only for learning and sharing purposes. It is not a buying recommendation.
All the best.
Note
Reached 440 today on 16.01.25Trade active
Crossed 460 on 21.01.25Note
Reached 477 today on 06.02.25.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.