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plus_charts
Aug 22, 2023 4:42 PM

Aptech Long

APTECH LTDNSE

Description

Breakout and retracement completed
Approaching strong demand zone
Above EMA 40
Comments
jigarpriya
at last some positive from jkssb. Hopefully the agm will clarify on the leadershi0 which cld help allay any concerns and send the script in the upward direction.
jigarpriya
any views on the current setup, looks like its stuck in this range
plus_charts
@jigarpriya, We are positive on this setup at present and continue to hold unless it breaks the trend line to hit the stop loss.
jigarpriya
it's likely to do that soon as unable to move up on the best of days ...looks more like distribution happening in this range ans waiting for a bad day in the market to provide a breakdown
jigarpriya
@plus_charts it's likely to do that soon as unable to move up on the best of days ...looks more like distribution happening in this range ans waiting for a bad day in the market to provide a breakdown
plus_charts
@jigarpriya, Yes the script is not moving like others, but the reason we are still holding is that there is a recent multi year breakout in Aptech and the stock is in a retracement path. We are still keeping the SL and closely watching the movement.
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