AARRJJ002

AARRJJ002

The stock can repeat what it previously did. After every impulsive up-move it had a good consolidation phase again leading to an impulsive up-move. This is currently in the consolidation phase and can give good return in the coming days.

AARRJJ002

- Stock to give a bull run - Stop loss should be tight around 135 range because once the stocks goes below 135 range it has a high probability to go till the demand zone 110. - If the stock touches the demand zone at 110 can re-enter there. - Can anticipate a 12% move till 155 range

AARRJJ002

- Strong resistance at 73 getting weaker after every touch - Forming a good bullish structure - Can enter once it reaches the demand zone at 64 - First target 73 which is around 12.5% ROI and if it breaches the resistance then can hold till the there is weakness

AARRJJ002

1. At 6 year resistance breakout 2. Price moving in tight range which can result in a good impulsive move 3. Average volume during consolidation 4. Target around 10%