Swing trade for AartiIND to take long entrySwing trade ideas for Aartiind . On the hourly chart, W pattern is forming on the chart. A very high probability that the stock will BO the pattern. For your education refer below points:
1) W pattern on chart. RSI above 60 & level of 40 support on a daily and weekly.
2) Accumulation near the resistance level.
3) Stock-taking support at an area of 445-450. check past data too.
This is for swing short-term trade ideas for your educational purpose only.
AARTIIND
Swing Buy opportunity in Aarti IndustriesRefer the chart for Entry,Target and SL.
Buy scenario only above marked entry area
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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Diagonal formation in AARTI-INDElliott Wave Analysis
A diagonal has formed in the C wave. there may be a small correction pending.
the correction seems to be a 2nd wave to the Previous 1st impulse wave.
almost 60% fall was done.
we may expect a bounce back.
further chart will be posted accordingly.
kindly follow to kept updated.
AARTIIND short term analysis. The stock has broken its trendline resistance after bouncing back from previous buying zone with a good amount of volume maintaining RSI is above 60.
for short term buyers : If the stock manages to close above the trendline resistance as per daily time frame. we can expect an upward momentum towards the selling zone for short term. immediate selling zone is marked in the chart.
Disclaimer: this is not a recommendation. please your own trading setup before initiating any trade.
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#NIFTY WAVE COUNT. Whats next ?NSE:NIFTY
Nifty Analysis for next week.
#Impulse wave + correction wave
Nifty last correction wave ended on the 22nd of May and it triggered the start of an impulse wave and successfully Completed three waves and then we are now in wave 4 and this correction wave can complete around the 18455 - 18400 zone.
To start a wave 5 needs to break a range of 18,580, a target price of 18850.
Some stocks:-
1. Deepakntr
2.Aartiindus.
3. Asianpaint
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Happy trading.
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Aarti Ind - Short term viewThe above chart is the single point of view to understand the movement of the stock. In the past few weeks, the stock is trading in a small range.
According to the above setup, if rises above 425-430, may go bullish up to 610 or even 730.
If breaks down to 470 and sustains below, may go to 350 levels.
This is only for learning and sharing purposes, not a bit of trading advice in any form.
Please share your views about the study, especially if you don't agree with my approach.
All the best.
Aarti industries at make or break levelBig bearish candle on weekly timeframe, It is around a psychological level of 500.
It MIGHT trap bears in the coming One or two weeks, In that case if it makes a hammer on weekly time frame, enter immediately with stop loss at low of that candle.
If it breaks 500 and keep on falling AVOID IT.
If you believe this is a fundamentally strong company, this MIGHT be a good level to do investing also.
Aarti Ind - Time to watchThe stock is traveling in a parallel channel for a long time. Again comes to the lower support levels. If it sustains above, it may go to 610/660 or even more.
MACD also shows a crossover,
the price is already almost half of the top levels.
As long as does not trade below 510-515 for a couple of days, Chances are good for up move.
Only for learning and sharing purposes, not a bit of trading advice in any form.
Always trade wisely and calmly.
Calmness is the thing that we dream of when we see our future in the stock market.
Why not practice it now?
All the best.
Aarti Industry - Trying to break its 1hr time frame🔴DISCLAIMER
***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
Ideal Target and Stop Loss should be minimum 1:2 RRR (Risk reward ratio)
After reaching our targets, Book 50% Profits and trail your stop loss to get maximum profits from rest of the 50% in your trade.