AARTIIND: Wait for suitable entry for a target of 1030 to 1040.
AARTIIND is on the verge of giving an opportunity to go long. The chart is self-explanatory. I will wait for one of the three price development scenarios to take effect before making a long entry, paying attention to a significant volume increase as a key for entry. For me, 1030 to 1040 is a good target band to take profits. A close below the long-term support should trigger an exit to stop-loss.
Trade closed: target reached
Note
The extended target of 1160, which I mentioned in the comment section is also reached with a high of 1168 today.
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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.