ruelfernandes

AARTIIND - Bullish Engulfing

Long
NSE:AARTIIND   AARTI IND LTD
Kindly refer chart for trades

Stock PCR is at 0.394 which makes it strong bullish

Though the trend is not supportive for an upward movement if one closely looks at the price action on a daily time frame there can be a reversal trade as a consolidation zone has been formed and if we get a breakout on the upside then one should definitely initiate the trade.

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