I found Apar industries at 950 levels and found attractive at 1123 levels.
Earlier it rallies from 1123 to 2600.
On 2600 DZ I have shared study on my account before few months you can read it.
CMP - 4000+ NOW (Almost 4x)
Updated fair value - 7174 now.
Analysis Criteria Used:
1. Please find the Chart Analysis done for the 2nd April, 2023 and the upcoming week.
2. The analysis for the Swing Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your...
Good chart structure
Stock in blue sky zones
Fibonacchi targets around 2900
A strong support at 2650
I am just representing my views
For educational purpose only.
~All the information given in the chart is for the educational purpose only.
~Do your own research before investing.
~This is not my recommendation.
~My recommendation--LEARN MORE EARN MORE.
Apar Industries is a solid pick with a darvas box breakout formation. Stop Loss at 2400, the stock continues to look strong and should be on every trader's buy list. Continue to ride the momentum.
Chart -> Apar Industry Daily
CMP: 2505
Can go to: 2720
SL: 2400
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Apar Industires looks bullish for swing / positional trading
Reason to buy:
1. Flag and pole pattern breakout
2. Breakout from the consolidation phase
3. Good volumes and strong candle close in daily and weekly TF
This scrip has been choosen for Triangle Pattern Breakout as it had given good Breakout. Even in this bearish Market it has not Fallen to a significant level, which shows this stock strongness. So kindly add this stock to your watchlist and try to catch the momentum. Thanks to All 🙏🙏🙏
Stock Name - Apar Industries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 2508
#This is not Buy and Sell recommendation to any one. This is for...
#AparInd CMP 2475 is showing a good BO after 4 weeks and forming a flag with good volume.
Can be added for 2600/2800/3000
Stock P/E 19.8
ROCE 26.9 %
ROE 16.1 %
Profit Prev 12M ₹ 363 Cr.
CWIP PY ₹ 28.7 Cr.
APARINDS:- Ascending triangle pattern has been formed and breakout has also been given, keep your eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other...
