Aarti Drugs - 10% upside in short termDate: 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.
AARTIDRUGS
AARTI DRUGSNote:
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...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
AARTIDRUGS - Good buy for Positional for 1000+ targetAARTIDRUGS - 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.
AARTIDRUGS chart analysis for 3rd Mar 2021 [Instructions below]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 reversal.
3. After the day ends, come back and play back the candlesticks , if you haven't traded. Check if the levels hold.
4. Hit that like button and comment if you find the analysis is holding.
Buy AARTIDRUGSTrade 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.
NSE:AARTIDRUGS
Buy Price: Above 812
SL: As mentioned in Chart
Target: As mentioned in Chart
Imp:
1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc.
2. Always follow stop loss.
3. Once a trade is in your direction (say) 2-3%, never let it go in a loss.
4. Simply follow rules. Nothing else..
Disclaimer: This is for demonstration and educational purpose only.
Okay, grreat stuff on Aarti drugs. 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 fell, due to possible profit booking.
But if one goes by theory, then the previous resistance line becomes the support line.
And that is EXACTLY what has happened.
It has reversed from around the same levels of support.
Go long in the scrip.
Like and follow.
NSE:AARTIDRUGS
perfect buy opportunity.do not miss this !hello traders,
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 yet.
traders I am sure and confirmed about this stock.Please do buy this this stock will never give a downtrend in coming days.
my sure target for this is 1010.it's very sure and true target and it will confirmly reach in 1 month.
Thanks,
Aniket.
AARTI DRUGS SHORTTarget 1 2732
Target 2 2675.70
(If it Breaks and Sustain below)
Target 3 2661
(If it Breaks and Sustain below)
Then we might see bill fall
I willl update next target after breaking TGT 3 level.
--------------------------------------------------------------
Disclaimer: I am not SEBI Registered, before taking any positions to contact your financial advisor,
I am not responsible for any Profits or Losses, whatever Iam providing here is the purely
educational and informational point of view
Buy Aarti Drugs 780-830Waiting for a pullback to enter this stock
Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. The stock broke out of a 5 year high with extremely high volume which is seen after 5 years. it's a good sign. on the daily chart, you will see up days are on higher volume and down days are on lower volume plus there are more green bars than red bars
Fundamental:
This stock shows pretty okay sales and profit growth.
5 years of sales growth - 8.4%
5 years of profit growth - 6.3
Margins are 15%, near an all-time high of 16%, %, If the margins sustain or go higher we can see higher profits and further price appreciation
TTM earnings up 56%