Aarti
Aarti Industries Ltd - 30.08.2022Aarti Industries Ltd - 30.08.2022
The stock is trading @ 830 levels
The month high is 840 levels
RSI needs a breakout in Weekly Chart
The PRICES ARE ABOVE EMA
STOCHASTIC IS TICKING UP IN MONTHLY CHART
MONTHLY EMA IS 834
WATCH OUT FOR THE FURTHER UPSIDE MOVEMENT IN THE STOCK
AARTI Ind. Chart Analysis !!📈 AARTI Ind. Ltd. 📉
This Stock Broke out from a resistance zone of 900-920 which was acting as a support also Nov and Dec 2021.
Bias - Long
Target - 1022, 1107, 1156
SL - 900
RR- 1:4
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
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Simple Trade Setup | AARTI INDUSTRIES | 10-01-2022 [INTRADAY]NSE:AARTIIND
Trade Setup for 10-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | AARTIIND | 27-09-2021 [INTRADAY]NSE:AARTIIND
Trade Setup for Date 27-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup | AARTIIND | 14-09-2021NSE:AARTIIND
Observations:
1)On 1hr Time Frame: It has given a breakout of Triangle pattern but it has a followup red candle. Only good thing about it is that the followup red candle already took support from the triangle resistance line.
Please refer below chart : 1hr time frame.
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Trade Setup for Date 14-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL.
Simple Trade Setup | AARTIIND | 06-09-2021NSE:AARTIIND
Observations:
1) On 1 hr Time frame, if you can see that it has been taking support from 900-901 level and making lower highs. And it is forming descending triangle pattern.
Please refer below chart : 1 hr time frame.
2)On Daily Time frame you can see that 900 level range was earlier working as resistance and now it has been working as support. Any violation or breakdown below 900 level will make this stock bearish again.
Please refer below chart : Daily time frame.
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For POSITIONAL long trade one can take safe long position from CMP as far as it is trading above 900 level. SL will be 880/875 and target will be 980/990.
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Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Aarti Drugs – Flag and Pole BreakoutFundamentally Stock looks over valuated (288crs TTM Profits *20 times) 4560crs vs Market Cap 6,740crs
Even at 30x Market Cap should be around 6840crs
Technically Stock has shown Flag and Pole Breakout on Monthly chart.
Target - 870
Stoploss – 625 (Weekly Close)
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
AARTI IND LTD - Cup & Handle BREAKOUTA Cup & Handle pattern has been formed and on its way to breakout level. Needs to break the resistance at 1130 which has been tested multiple time, once supported by volume the target can be achieved with no major resistance ahead.
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
Why Aarti Industries fell?Time frame 1 day.
There are no doubts about the fundamentals of this security but due to its poor quarterly results, the stock is falling for the last 3 days.
Today it fell nearly 6% and some institutional player has sold in large quantities as we can see in volume.
This seems to be in good valuation below 900 but at the same time, you can accumulate this stock at this price also.
RSI giving a negative signal as stock can correct more but stock is currently trading at its strongest support zone also at the 200dema's support.
The stock has given very good growth in the last 5 years and you can also buy it for the long term.
If any suggestions left, you may ask in the comment box below.