APTECHT buy cmp 373 add 360 sl 355 tgt 382 - 398 - 420
Scrip can now be seen to be dominated by bears fas it has already retraced to fill the gap created - exhaustion bearish gap and it also gets validated by low volume but price rise and then, trend reversal Bearish confirmation as also can be seen through death cross which is a crossover resulting from a security's long-term moving average breaking above its...
in weekly, aptech has a round bottom with high volume and closed above the neckline. tgt1 - 440 tgt2 - 500 (pattern tgt).
Resistance band for Aptech is highlighted in the box, stock likely to outperform once level is crossed. There has been jump in volume for the stock in recent times.
Close above 220 will help this move beyond 250. All Good till it does not close below 194 Target 250+
Stock broken out ready to move up to previous high of 248-250 and more sl 218.50
Today's closing at 219, technical aspect is showing strength. Long added for T1- 234 & T2-247+ with SL 204.
Scrip has been on the bullish trend with formation of ascending triangle Ascending triangle The ascending triangle is a bullish pattern, which gives an indication that the price of the security is headed higher upon completion. The pattern is formed by two trendlines: a flat trendline being a point of resistance and an ascending trendline acting as a price...
Aptech CMP 214.50 Observations The stock has had a fantastic ride in the last 1 year moving from 56 odd levels to 250 228-240 zone is looking likely to act as potentially strong resistance zone going forward Expecting the stock to consolidate in the range of 228 to 192 with possibility of some downward bias breaking on the down side testing 166-160 levels...
All Good till it does not close below 184. Target 220/250
Aptecht has taken support of 20 period moving average & looks like some steam is still left. In today's session- let it pullback to the zone 128-129 & rally above 130 mark- in that case longs could be initiated taking care of 123 as important support in scenario. Regards, Abhishek H.Singh, CMT