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
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Comment
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The extended target of 1160, which I mentioned in the comment section is also reached with a high of 1168 today.