CMP 1176 add in dips at RETEST Gud buying range 1080-1100 STOP loss 980 Targets 1220-1260-1310+
Aarti Industries has been a true wealth generator and leading company in its segment. It has been on a good upward channel and one can ride the trend by buying whenever the channel support is tested. CMP 1206.
Aarti Industries have given out a positive breakout.If it sustains above 1040 Level then the 1st Target is 1100 and 2nd Target will be 1140. Wait for the conformation and then enter the Long trade
Note: This is for educational purpose only. There is a bullish engulfing pattern formed at crossover of 20 EMA and 50 EMA. Usually 20 EMA/ 50 EMA act as short term support/ resistance. Moreover, RSI is above 60 which indicates bullish momentum.
Aarti Industries - 967 by 29th Jul (May go to 997 by 31st if it stays above 967.
CMP = 953 Upside (most likely) Above 974 Target = 1070 (10%) Below 916 can correct down to 850 (doesn't seem likely however be cautious and cut your loss in time based on your risk appetite) Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements so that we learn &...
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...
Enter Aarti around 895, I have already entered at 895. Already had a healthy correction of 24% Horizontal line, trend line and 200 DEMA support a this point. SL: 875 Traget: 954, 1038, 1160-1190
Longterm Bullish Short term need confirmation as its below 8D EMA Filling the gap currently. S/R Marked FIBO levels Marked.
AARTI INDUSTRIES has recently broke major neckline on Weekly chart with volume. One can consider the stock for the investment for the given targets of (1275-1300) / (1375-1400) / (1430-1455) with the support @ 1070
Daily Long Term S/R levels marked. Further study is recommended. Price Retracing back to 200 DMA mark around Rs 850. Seems FII's offloading and retail buying. CAUTION !!! on 29Jan2020 seems FII offloaded major chunk to retail.
We short in 2nd trade at 915 and booked and target given 839. Our first trade was on this stock from 785 and booked profit 904 please comment if you have any queries.
You can short this stock...
We have seen here two Flag Pattern , One Channel and Triangle on this stock. While Flag Pattern found in up trend and present formed is a triangle at value low of the channel. Almost everything is positive on this stock at the value low of the channel. As per triangle target is 837 nearby. After breaking trinagle, I expect here flag pattern again with...
Symmetrical Triangle formation