AARTIIND trade ideas
AARTIIND intraday levelsDo initiate trade based on 5min candle close!
Levels mentioned on chart.
Trade at your own risk!
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Aarti Industries Ltd - 19.11.2021Aarti Industries Ltd - 19.11.2021
The stock is trading @ 972 levels
There is a support line @ 970 levels
Stochastic oversold in weekly chart
prices are below ema
let the prices go above 985
watch out for the price actions
AARTIIND | Buy at 978 | Target 1017AARTIIND | Buy at 978 | Target 1017 | Given a breakout and on retesting the 200DMA take position
U-TURN Resistance converts into Support (EDUCATIONAL -AARTIIND) Aarti Ind. ltd. This stock has taken Resistance twice at same level, then it consolidated as a parallel channel at that same zone,
and then it given good breakout from parallel channel along with good intensity of volume,
Now it has retraced almost 78.6%, co-incidentally (1) same resistance zone, (2) Parallel channel's top, (3) Support trend line and (4) 200 DEMA, all are there at similar point location, All these 5 conditions met at same level that can provide good support. This scenario makes probabilities very strong each time. where stop loss is too low and Reward is too Good.
Overall scenario
Perfectly U-turn from valid fibonaccy level 0.786%
Daily macd line uptick and also converging towards positive
Good support zone
Support providing 100DEMA also at same responding zone
Parallel channel scenario
Support Trend line
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
I am not responsible for your profits and losses
AARTIINGGoing up after 0.78% retreacement,Price above the previous red HA candle,
Price is also at lower BB
Aarti Ind - BullishAt strong support area
Climax volume seen few days back
Accumulating ever since
Change of trend is visible through MacD & Morning Star
Risk to reward moderate
#Aartiind cash : Looks good above 967.10#Aarti ind cash -Positional call
10 Nov 2021
Looks good above 967.10
Target 988/1008/1040
Stoploss 945
Cmp 953.95
AARTIIND LongSL 931 TGT Open
Big Support Trendline Since long time + 100 Moving support
You can hedge your position with CE Selling 1050-60 about
Keep your stop loss amount in your mind before enter in trade
Best of luck
AARTIIND IN DAILY TIME FRAME DEMAND ZONEDEMAND ZONE for AARTIIND is 917-940 on DAILY timeframe. LONG entry around 920-930 with confirmation from lower timeframe and stop loss of 900 can give a good RR trade. It has potential to go 1000 and above it up to 1090.
AARTI INDWith support of 50 SMA price may go up on break out.
Rising SMA indicates bullishness in trend. After breakout wait for proper confirmation to ho long.
Have an eye on Aarti IndThis scrip had corrected almost 20% from its recent high and the volumes too are drying up. Investors/ traders should see this as a opportunity as it is a fundamentally sound scrip. It looks like it's bouncing back from the 50MA in daily TF and 21MA in weekly TF, so there were multiple supports at the CMP.
Traders may consider entering the scrip if there's a follow up buying in coming days with SL of previous swing low which is around 8% down.
Aarti Industries Swing tradeNearing support, if holds it then we can look at some reversals and create longs.
buy 1 lot near support zone.
If trade moves in your direction add more lots.
Don't buy all at a singe go
Buy AARTIINDAARTIIND is taking multiple supports, looks like a good buying opportunity. Support and Resistances are marked on the chart, proper entry and exit is important.
The previous rejection candles which are longer on the down side since the past few days are a good indication that this is a reversal point and we can buy here.
Bouncing back from the pullbackFor all the pullback traders out there, there is a gem stock here available at a great location.
Current levels seem interesting for a RR of 1:3.5
Kindly note, this is not a recommendation and only an analysis. Consult your financial advisor before investing.
[Turtle] Aartiind : 1160 ceshort 1160 Ce.
Short it assuming 1160 as resistance
SL / hedge if bep reached
Aarti Ind - For BuyStock retesting its Resistance turned Support Area
Climax Volume Seen
Stock may take a U turn from this area
Risk to Reward is excellent
AARTIIND - LONG/ACCUMULATE.It seems like AARTIIND has been printing the flag & pole formation on a constant basis.
As of this point, we could wait for a consolidation in the area of 970-1025.
If we get a consolidation, it would be a good area to buy it for longer time frame in mind.
AARTIIND: Wait for suitable entry for a target of 1030 to 1040.AARTIIND is on the verge of giving an opportunity to go long. The chart is self-explanatory. I will wait for one of the three price development scenarios to take effect before making a long entry, paying attention to a significant volume increase as a key for entry. For me, 1030 to 1040 is a good target band to take profits. A close below the long-term support should trigger an exit to stop-loss.
Intraday trade using Triangle and Channel pattern The script has given a breakout in the D time frame the last week with huge volumes and has consolidated since then.Check out my previous post on Aarti Industries as well.Now on checking the smaller time frames I found good consolidatory channel and triangle pattern.It could give a intraday breakout.So, the 15 min chart would be perfect.One could take a trade on closing basis above 1126 in the 15 min chart with targets of 1149 and 1185.My stop loss will be below 1102 on closing basis on the daily time frame.
Disclaimer: I have position in AARTIIND already from 935 levels (150 shares) and I have added more (50 shares) at 1106.I may further add small quantity on this breakout.
This post is for educational purpose only.Pls analyse and trade only if it falls as per your risk reward setup.
