Fundamentally 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.
Biggest Breakout Ever In aarti Drugs ....After giving bonus we saw profit booking and from last 6 months its was Consolidating in 600-740 range ...now today it gave breakout with unbelivebale rally....
U can buy it with SL of 735-730
It might test levels of 780..Good Byuing levels
For Short Term TARGET 870-890..IT can give this targets in Tommorows Session
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
AARTIDRUGS - Good breakout gave on March 03, 2021.
Currently, it took support at 50SMA and it's a good buy for positional/long-term pick.
Breakout from the pennant after strong consolidation for months is a good sign and as expected given a nice BO.
Can hold for the long term for its all-time high and more.
READ THIS: Less than 05% of the analysis has failed so far. I am posting 10 a day. You can check the history.
1. Check the levels and analysis.
2. If you are new, trade in low quantity or trade with virtual currency.
3. If (or when) the stock moves 50% in our direction, start booking partial profits. This is very important as the stocks, a lot of times, show a...
Date: 03 March 2021
Time: 01:10 PM
Aarti drugs looks good for buying. Interestingly Nifty Pharma index is currently forming a double bottom pattern. I believe while pharma index will complete the pattern formation, in the meantime Aarti Drugs will go up. Targets and stoploss are given in the chart.
So, that trend line is proving to be super important for Aarti drugs.
Why? Let's see.
Aarti Drugs always faced resistance at that trend line. Indicated by the white arrows are all the attempts the stock made to break the resistance.
Indicated by the first green arrow is the successful decisive breakout from the trendline.
Then what happened? The stock...
Trade Setup: After taking support at 89DSMA, it started rising again. It gave an entry signal on Dec 3 at 742.. It can still be bought here for targets 850, 920 and 1020.. Fresh entry can be taken above 812.
Buy Price: Above 812
SL: As mentioned in Chart
Target: As mentioned in Chart
1. Trading requires more than technical analysis . e.g....
Aarti Drugs is attempting to breakout from a trendline where it has found resistance before. The last time the trendline was decisively broken, the move was unbelievable.
Go long if decisive break.
Please like and follow.
AARTI Drugs showed an upmove in 3 sessions but it was in a down trend.
If fib levels are drawn, it is seen that the stock has reversed from the first levels of 0.236/714.
This is negative for the stock.
Please like and follow.
I came with an idea which will give you tons of profit for this diwali.my best diwali pick!
please buy this for your profit becuase I have experience of like this stocks.this is the stock similar to adani green.
if you had bought adani green it gave profit 78% profit in just 50 days!
this is similar situation here,but this stock hadn't rallied...