downward trend line breakout at AARTIDRUGSOn the #AARTIDRUGS daily chart, there is a downward trend line breakout with good volume. please keep it on your watchlist. The reversal is also confirmed by the #Nifty/AARTIDRUGS #Ratiochart.
From December 1, 2022, I compared AARTIDRUGS to the #Nifty and its peers in the sector and found that it outperformed the Nifty but lagged behind of its sector peers. implies AARTIDRUGS peers in the industry leading the Bull Run while AARTIDRUGS is gradually joining the group. But Sooner or later, it will outperform both.
ONLY FOR #educational NOT SEBI REGISTERED #LEARNEARN
It's my analysis, and it's 100 percent possible that I'm wrong. So, please don't believe in me; do your own analysis before investing.
AARTIDRUGS trade ideas
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: AARTIDRUG
🔍 Description:
If bounce back from support it may touch 500 levels.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
AARTI DRUGS- LONG~AARTI DRUGS is supporting to trend line.
~PHARMA SECTOR is also looking bullish.
~This small cap can give bumper return in a short period of time.
~Available at very low risk.
~S.L. and TARGET is given on the chart.
~Best time to add 1st tranche at the current level.
~Desclaimer- This is not my recommendation. Do your own analysis before investing.
AARTIDRUGS LongStock looks good for a minor bounce up
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
Aarti Drugs Ltd - 13.05.2022Aarti Drugs Ltd - 13.05.2022
The stock is trading @ 424.50 levels
Stochastic is oversold in Daily Chart
The prices are BELOW EMA
There is a SPINNING TOP in Daily Chart
The stock has a SUPPORT @ 396
Let the prices go above 455 for initiating a BUY Position
watch out for the price action