accumulate on minor pullbacksA pullback to the 50 dma would be a good place to start building a position. TTME are up 100%, if the earnings keep surprising on the higher side, we can see more upside in this stock. too early to tell now
AARTIDRUGS trade ideas
looks extended, wait for a pullbackrisk-reward on the buy-side in this stock is not favorable at the moment.
Buy Aarti Drugs 780-830Waiting for a pullback to enter this stock
Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. The stock broke out of a 5 year high with extremely high volume which is seen after 5 years. it's a good sign. on the daily chart, you will see up days are on higher volume and down days are on lower volume plus there are more green bars than red bars
Fundamental:
This stock shows pretty okay sales and profit growth.
5 years of sales growth - 8.4%
5 years of profit growth - 6.3
Margins are 15%, near an all-time high of 16%, %, If the margins sustain or go higher we can see higher profits and further price appreciation
TTM earnings up 56%
AARTIDRUGS LONG AARTIDRUGS HAS GIVEN A BREAKOUT AFTER FIVE YEARS OF CONSOLIDATION.
A HIGH VOLUME BREAKOUT INDICATES PROFESSIONAL BUYING AND WAIT FOR A RETEST ON LOW VOLUMES TO GET THE CONFIRMATION
THIS IS A LONG TERM BUY SIGNAL
MAINTAIN YOUR POSITION AS LONG AS HIGH VOLUME SUPPORTS THE PRICE
Aarti Drugs - Bullish ATH breakoutAarti Drugs has broken his previous 5-6 years of rang bound movement and finally, the up-trend seems to be resumed.
It would be wise to wait for some pullback and then enter. I would be watchful at 875-880 levels to enter. (Refer daily chart, this level acts as a previous top)
Stock is volatile so stop loss can be kept on a closing basis or some additional risk can be taken since single day movements can be huge.
AARTIDRUGS LONG TERM TRADE IDEAAarti Drugs has been trading in the same zone for the past 5 years.
It is on the verge of breaking out of its monthly resistance zone.If monthly candle closes above the resistance then I will go long with a 15-25% target view. Keep it in your watchlist. NSE:AARTIDRUGS
Aarti Drugs - Multi Year BreakoutStill trying to judge the company fundamentally but technically the stock has broken out of a multi year breakout.
The volumes seem to support the breakout and it could quickly do 1050. SL below 795.
I also like the pharma sector overall as a long term play so my view could be a little biased. For a long term target i am trying to study the fundamentals so would revert only post that.
AARTI DRUGS long term breakout Aarti drugs is on the verge of multi year breakout of long side ways zone.
Please refer the chart.
Supply zones @ (940-971) / (1100-1130) / (1240-1280)
Demand zone @ (784-810)
Major demand zone @ ( 688-706)
AARTIDRUGS Longterm breakoutAARTIDRUGS at 5 years high range
Expecting reaching 5 years high and retracing back a bit
Levels are mentioned on chart
LONG or SHORT ??Cup and Handle Patterns TWICE..
Long above 740 for 760-780
Short below 780 for 765
??
Aarti Drugs may be profitable..wait and watch a few more daysAwaiting for a significant breakout above the 200 MA line..
Buy above 580.
Target -- Will go upto 680 levels
SL -- 200 MA line @565
Aarti Drugs.. i wanna move it move it..please see charts for info.
Please provide feedbacks. would help my learning curve..
disclaimer: not an trading/investment recommendation. please so your own analysis before investing
Invested..
#AARTIDRUGSCCI-M crossing 100
TGC(all) with strength is true
Volume surge
Target 686 evident immediately, much more to come!
Consolidation in progress and may continue for two more months.The stock has a support at 465 and fresh entry can be considered around 465. Once 1/1 descending angle is crossed, the stock may turn bullish.
