NSE: Aarati Industries
Long term Up trend continue. Breakout above 1521.
Possible buy to ride uptrend @ current level with stop loss of 1362, and targets of 1574, 1643, 1674, 1773 then next breakout for 1924 insight
Current trend is Up with momentum remains strong
The stock is trading at life-time highs and the recent price action is bullish & interesting. Notice the nice breakout via a gap-up and then a consolidation. There is another breakout today with relatively higher volume. Am long in this stock with a 10% stop loss from entry. Looks good and am expecting upside momentum to pick up. Let's see how this pans out.
CCI(M) > 100
TGC true, took support at EMA 21
Reversal Confirmation on M charts
CC(W) crosses 100
Reversal confirmation on W charts
Retraced from 61.8 fibo levels
Chart pyramiding upwards
2 Gapups + TGC + CCI(D) crosses 100
Reversal confirmation on D charts
C> 1396 and H > 1140 will confirm further
in weekly, big candle formed in weekly, crossed previous high, with high volume and price closed above upper BB, BB has started to expand.
in longer time frame it is in strong uptrend
one should ride the uptrend here with a sl - 825
AARTI INDUSTRIES - Making good channel on daily chart. Closing price today 909.50.
buying zone 903 to 910 stop will come around 895. tgt 928 and 960.
Not a certified SEBI analyst. please take financial advisor help before taking investing decision.