Long Trade in Aarti Industries.

Updated
AARTIIND
Long Trade in Aarti industries.

  • Best Buy ; Above 530+
  • Stop Loss: 490
  • Targets: 570/650/740/800/850/900+++


Reasons to Buy:
  1. Breakout of Falling Wedge pattern.
  2. Breakout with a good volume candle.
  3. Above 530 there is good support from 200dma.
  4. Good Risk to Reward Ratio.



Thanks & Happy Trading

Disclaimer:
This idea is only for educational purposes,
Please Trade at your own RISK''.

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Weekly Chart
snapshot
Note
The stock is performing well, showing a good rebound with decent volume.
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1st Target of 570 was achieved
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"We have achieved our second target of 650."
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Note
Stock is looking good.
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We have achieved our third target of 740///
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Aarti Industries has good support in the range of 600, now if it bounces from here then will add some quantity in the range of 650.
And if fall comes from here then profit will be booked at the range of 570.

snapshot
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Its Time to add some more qty.
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Got a Good bounce from the support
AARTIINDChart PatternsTechnical IndicatorslongtermpharmaceuticalsTrend Analysis

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