AARTI DRUGS - Buy or Sell ?This chart is made on the request of my follower @Himanshu93.
CMP 2933
Aarti Drugs has had an amazing run since 890 levels breaking out Parallel Channels thrice and returning 300%+ returns in just a few months. The 4th ride is still within the channel but most likely it would break the channel on the lower side tomorrow purely on the basis of MACD indication.
However, since the stock is of great quality, producing human steroids, we cannot ignore the fact that the stock can continue in its journey. So tomorrow's candle will more or less clear the air in deciding the next move.
I had earlier made a chart with my learning of Parabolic Curve. Well, I may have missed the precision but if that was more or less correct then , it further gives us a reason to sell.
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