Aarti Industries - Key Support LevelAarti Industries is at a key support level..If it breaks below 485 it could fall to 440 and then 380.
Stay cautious in this counter if it breaks below.
AARTIIND trade ideas
Pennant Pattern Breakout of Aarti Industries LtdAarti Industries Ltd
Key highlights: 💡⚡
✅On 30 Minutes Time Frame Stock Showing Breakout of Pennant Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 528+.
✅Can Go short in this stock by placing a stop loss below 505-.
False breakdown set up to trade1. False breakdown
2. Even after breakdown no follow up fall
3. 3 months consolidation
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.
AARTIIND - BUY about to bounceBUY @ 515
SL @ 478
Tgt @ 643
Disclaimer : I am not sebi register analysist
AARTI BREAKOUTAarti industries looking good by breaking a falling wedge pattern after so many sessions and looking consolidations from bottom is over and positively can resume uptrend in this stock so we can consider it is a falling wedge pattern breakout and can go long in it for the target of 550, 560 and 588 with the stop loss of below the low of breakout candle and that is 520 on daily chart.
TARGETS
𝑵𝑶𝑻𝑬- 𝑶𝑵𝑳𝒀 𝑭𝑶𝑹 𝑬𝑫𝑼𝑪𝑨𝑻𝑰𝑶𝑵 𝑷𝑼𝑹𝑷𝑶𝑺𝑬
aarti ind - long after a long time prices bottomed out , broke out of a falling wedge , raedy to move up
looks bullsih
target and SL mentioned.
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.
Trendline Breakdown in Aarti Industries Limited...Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AARTIIND READY FOR BIG MOVEBroke Trendline with long bullish candle
Trading in same candle since Feb first week
taking support of dynamic trendline
Consolidation after fall and probability of upside after consolidation
AARTI INDUSTRIES - ACCUMULATION PHASEAarti Industries has been going thru an accumulation phase because prices are consolidating and accumulation indicator says that the volumes have been rising
Please keep an eye on going long
AARTI INDHead and shoulder formation
looking good for upward direction..
keep add this stock in your watchlist....
Aarti IndsutriesBuy Aartiindustires @ 550 Tgt 650 + 720 +
Stock taken upward direction after posting good results.
AartindI have mark the level if this stock buying this level so probility are so high to stock goes to up side , this stock buy for long term or swing not buy for daytrader
Concept Volume: How to plan your trade with help of volumeConcept Volume:
(1): We have got a clear uptrend till now (pls check the example shared) until a good volume (red) candle comes out of nowhere, as mentioned - (1).
This is the first sign of weakness in the trend, long positions need to be trailed after that, one should avoid creating long positions. & high of this zone could be monitored serious turning point zone.
Here, in Aarti Industries we have seen a clear breakout. Though the trend is intact & till now we have only encountered a single speed breaker, we should consider this as a sign of caution.
(2): candle completed the week of 4th Oct. 21, is the blow-off top. After the big move-up, we have got an extremely low volume Doji.
How could be possible to have a Doji after a good move-up? (acceleration than a pause in the momentum)
(3) After approaching again at the psychological resistance, this got rejected forming an engulfing. But before this why this reversal happened let us find it.
Check the following candle-
18 Oct 21: good volume spread & good volume candle,
25 Oct 21: low volume spread & low volume candle, why? If the trend is intact it should not happen
1 Nov 21: a Doji-type candle with ultra-low volume. Are bears no more interested in taking the stock further down?
15 Nov 21: First avg. volume green candle after 5 red candles. High is marked as a psychological resistance.
Now, check 28 Feb candle, it has finally broken the support (maximum traders enter here, considering the good opportunity to go short & it is ideally a good one but if entered, it has tested the patience)
also, check how could be possible that this breakout candle has a low volume than the last one, in the trend?
All of this is basically an anomaly.
From here, the trend got reversed making 5 green candles that retraced the red ones till their resistance level as mentioned (4).
From 11 April 22 we have got 5 candles, in the trend and aligned with the volume
Now, if you notice the three candles formed after 30 May 22, you see the pattern is not aligned with the volume (the market is going down but the volume is decreasing along with the size of the candle---AN ANAMOLY)
CASE STUDY
(aarti industries)
Aarti Industries Cmp 659 dated 14-12-2022 Strong Support LineAarti Industries Cmp 659 dated 14-12-2022
1. Taking Support @ the long & strong support
Line.
2. RSI Positive Divergence
3. Good RRR, low risk trade.
4. Volume Rise
Buy @ Cmp for a target of 675-685-700-715-740
SL 635
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
AARTI IND OVERSOLD BUYNSE:AARTIIND In oversold zone near weekly 200 ema with rsi near buying zone. looks like triangle in 75 mints. observation is may bounce till daily 200 ema.
Positional trading opportunity AARTIINDAarti industries is at 200 EMA on weekly timeframe.
And upon observing RSI, a clear Positive divergence can be spotted.
This is a good positional trading opportunity.
Do your own analysis before taking any position.
AARTIIND | Bounce from support zone• Bounce from Support zone ( 650.10 to 642.30 ) with higher low , And now at near Resistance . Be ready to trade breakout.
• Entry:- 618.90
• Upside PRZ levels can become our targets.
Targets :- 707.35 , 730.85
Stop Loss / SL :- 660.35 Support zone .
Double bottom support seems could reverse
It's has posted not so great quarterly result due to raw cost increase, so the sharp downside movement in stock was noticed.
It has been in news past few days for the 20 year long term deal with other listed Fertiliser Company.
Inflation seems to be peak and ready to bites the dust for the moment.
Having said that, Positional View on the stock would be Long with Target 700/720/750 in coming days.
Keep the SL : 641
Duration upto 15 days.
Important zoneAARTIIND approaching breakout area, there are multiple resistances at one point so that we can call it conjunction point.
If script sustain above this area then we can call it a possible breakout.
Trade as per your setup and Price action.
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.
