ANURAG_PRASAD

APAR INDUSTRIES,trying to breakout fro tgrt of 45% & 79%

Long
NSE:APARINDS   APAR INDUSTRY LTD
Apar industries, attempting a breakout on weekly and monthly basis,if closes abv 458 on weekly basis, entry to be initiated...
first trgt would be 642-674 or 45%.
final trgt could be 819 or 79%..
both are long term trgts. 6-12 months.
closing above 458 on friday 12 march 2021 cud b decisive..

Comments

Sir closed on 456.. what are your views now?
Reply
@rishab17, hi, we are exactly at resistance level, will wait for a confirmation for a close above this resistance 458, if unable to close, this cud go in time correction, for few weeks ..as of now, will have to wait for some positive or negative sign.
as far as longer term is concerned its in bullish zone...if there may be any correction, its only better opportunities to add more. if goes in times correction, holding time increases. we have given ourselves the time frame of 6 months anyways...lets hope it moves in our favor sooner..
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