APARINDS Pyramid set up

Apar Industries (APARINDS) is currently in a strong uptrend on the daily chart, trading near the 9,000+ zone after a sharp rally over the past few months. Price is holding above key short-term moving averages, and momentum indicators like RSI and CCI are in bullish territory but not yet extremely overbought, which supports the ongoing up-move with healthy strength. Recent candles show sustained higher lows with only brief profit-booking dips, indicating buyers are still in control and using declines to accumulate.

In the near term, immediate support lies in the 8,600–8,700 band, where recent pullbacks have found buying interest and where short-term averages are clustering; holding above this zone keeps the trend intact. On the upside, every push to new highs can attract profit booking, so moves toward or above recent peaks around 9,100–9,300 are likely to see some volatility, but the broader structure remains bullish as long as price respects higher lows on the daily timeframe. For fresh positions, staggered entries on dips toward support with clearly defined stop-loss levels below the recent swing low is preferable to chasing extended candles, given the stock’s strong run-up and tendency for swift corrections after vertical rallies.