sureshsehrawat

AARTI IND LTD - Cup & Handle BREAKOUT

Long
NSE:AARTIIND   AARTI IND LTD
A Cup & Handle pattern has been formed and on its way to breakout level. Needs to break the resistance at 1130 which has been tested multiple time, once supported by volume the target can be achieved with no major resistance ahead.

Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.

Comments

I can see clear cut H&S in it
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this is not the chart of AARATI INDS. DOn't misguide.
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sureshsehrawat djaypan786
@djaypan786, what makes you think so ? Its what the tradingview display’s. Please guide me how to correct it. Thanks
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djaypan786 sureshsehrawat
@sureshsehrawat, IN tradingview chart,on 30.04.20 & 17.09.20 both are bearish candle and there is a dismatch in your chart
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sureshsehrawat djaypan786
@djaypan786, first of all your initial comment waas wrong stating that this isn’t the correct chart. Secondly my chart is based on the daily trend of the security. Third you’re now referring back to April which doesn’t relate to this chart. And finally the trend analysis is not based on timely candles, it follows the general daily trend. There will be time when the security price may
Move up or down. Hope this clarifies. Cheers
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Devashish13 djaypan786
@djaypan786, He has used Heikin Ashi candles and not Normal Candles. The chart is correct. You are comparing wrong candles.
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sureshsehrawat Devashish13
@Devashish13, 👍
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