Aarti Industries W pattern on Monthly Timeframe W pattern on Monthly timeframe
Company is fundamentally strong
FII and DII holding 10% and 18% respectively.
SL - 420
W Neckline target 1- 740
Target 2 - 1000
AARTIIND trade ideas
Aarti Industires (Corrective Counts)Aarti Industires counts, are these counts justified for upward movement.....
No buy sell recommendation just a view and educational idea.
Aarti Industries Ltd view for Intraday 12th Nov #AARTIIND Aarti Industries Ltd view for Intraday 12th Nov #AARTIIND
Resistance 445. Watching above 446 for upside movement...
Support area 435-436. Below 440 ignoring upside momentum for intraday
Support 435-436.Watching below 435 for downside movement...
Resistance area 445
Above 440 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Aarti Industries - Forming Bullish Crown PatternAarti Industries is a good to buy at 440 and from that point it will confirm Bullish crown pattern formation .
It has short term target of 800.
From there further it will go to 900 & 1000 Target.
Aarti Industries Ltd. (NSE: AARTIIND) - Double Top Formation andOverview: Aarti Industries is currently in a critical zone, showing signs of a potential bearish reversal after forming a “Double Top” pattern near ₹765. The stock is trading at ₹573.80 and is approaching the 61.8% Fibonacci retracement level of ₹568, a key level for traders to watch.
Key Technical Indicators:
Double Top Pattern:
The stock has completed a classic Double Top formation at ₹765, a bearish reversal signal. This pattern needs confirmation, which can occur if the price breaks below ₹568, targeting ₹509.55 as the next support.
Fibonacci Retracement:
The stock has already tested the 50% retracement level at ₹605.70, failing to hold. The 61.8% retracement at ₹568 is acting as crucial support. If this level is breached, we could see a deeper correction.
Volume Spike:
A notable increase in selling volume suggests strong bearish sentiment. Watch for continued high volume to confirm a potential breakdown.
Potential Scenarios:
Bullish : If the stock consolidates and rebounds from ₹568, we could see a retest of the ₹605-₹643 zone, giving a bullish opportunity.
Bearish : A break below ₹568 could trigger a sharp decline, with the next target at ₹509.55, aligning with the completion of the Double Top pattern.
Conclusion: Traders should closely monitor the ₹568 support zone. A decisive move in either direction will provide a clear trading opportunity. Keep an eye on volume and overall market sentiment for additional confirmation.
AARTI industry long viewAarti Industries:
Recommendation: Long view—Buy at the current market price.
Stop Loss: 6%
Target 1: 18%
Target 2: 28%
Aarti Industries : Will rise when Volume risesBeaten up by good quarterly numbers but bad management commentary.
Good Business Module and growth
Currently hovering around support with no volume.
May spurt up quickly once the initiative buyers steps in with the Volume
Keep tab on the trigger.
Long Setup explained on the chart.
LONGOn strong support, if market supports it may rebound from here. Only concern is negative volume. For long run its positive
buy at zone ENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level ( intraday tgt)
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone
Aarti Ind Long Would long once we get close above 765 with good volume. trend still looks up as long as it stays above the trendline and above the weekly 200 EMA .. DYOR..
will take some time to resolve I think seeing the amount of selling today .. got to be patient but looks good.
AARTIIND SUPPORT/RESISTANCE LEVELSFor Long Term Stay Bullish Above 725
Target 793/889/1012
Support 438/573/657
Posts For Education/Learning Purpose Only. Not SEBI Registered. Not Resposible For your Profit Or Loss. Trading is Risky. We do not Advice/recommend Buy/Sell.
A big decline may be seen in AARTI INDUSTRIES.AARTI IND is currently at its biggest resistance from where a big fall can be seen in the stock. There will be pressure on the stock in the coming sessions. Apart from this, quarterly results of the stock are also coming whose impact will definitely be seen on the stock.
AARTI INDUSTRIES AARTI NDUSTRIES is formed break out trade, currently is at resistance level 756 if its sustained above this level then its ride 792--834.
AARTI IND LTDAARTI IND LTD
.
LONG TERM VIEW
.
Consolidation from 7 months.
Near BB Resistance level at monthly TF.
Daily BB Blast and retest.
The buying zone is 690 to 720.
If it closes above 750 on the day-closing basis (Add more Quantity)
TG IS 875.
Deep SL 670
.
This is Kartik Thakur,
Signing off
:)
Aarti Industries - Multibagger is again on the MoveAarti Industries which was an earlier Multibagger, which got spit and now is on the Move Again.
1st target would be 890 and this can extend upto 1090( which we can very well achieve and you can even use GTT).
#AartiInd weekly chartseems like this time around #aarti industries is ready for BO seeing its volume and PA. Good accumulation done at the bottom with high volumes and it following TA beautifully respecting both support and resistance.
H&S PATTERN - CHEMICAL HOT STOCK - AARTI INDAarti Industries Ltd, the flagship company of the Aarti group, manufacturing organic and inorganic chemicals at its major facilities in Vapi, Jhagadia, Dahej and Kutch, in Gujarat and in Tarapur in Maharashtra. The company has a strong market position in the NCB-based specialty chemicals segment.
Fundamentally : Neutral
Technically : Neutral to bullish
Happy Trading :)
BULLISH pattern 1000+ target sure aarti ind.
good technical consolidated formed
target 1018+
dont miss it
AARTIIND - A rebound on cards?
🎯The chart is self-explanatory as always.
🎯 The price is showing rejection from the support zone a.k.a Positive
🎯 The 50,100,200 EMAs are standing guard at CMP
🎯 Support levels coincide with the support zone
🎯 We may see a rebound from here
🎯 The view is purely technical
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
sell at zone - intraday- expecting small fall from this level
ENTRY
- entry can be taken in two ways
1. place sell order at limit price , marked 0.58 level
2. look for selling confirmation in smaller time frame inside the zone.
STOP LOSS
- if candle close is above 0.618 level.
TARGET
- mark fib retracement from C to latest swing high
- TGT - 0.236 (fib level as target)
Aarti Industries Ltd. (AARTIIND) Analysis The chart is a weekly candlestick chart of Aarti Industries Ltd. (AARTIIND) on the NSE, with the current price at INR 630.20. The chart includes several key support and resistance levels and highlights a recent price movement pattern.
BUY Zone : 580 - 610 INR
Key Observations:
1. Current Price and Trend:
- The current price is INR 630.20, showing a slight decline of 0.29%.
- The price has recently broken down from a rising channel, indicating potential bearish sentiment.
2. Support Levels:
- The nearest support levels are at INR 608.40 and INR 580.35.
- If the price continues to decline, these levels might act as potential points of price stabilization or reversal.
3. Resistance Levels:
- Several resistance levels are marked as targets:
- Target 1: INR 765
- Target 2: INR 800
- Target 3: INR 925
- Target 4: INR 1120
- These levels are potential future targets if the price reverses and begins to rise.
4. Price Channels and Patterns:
- The chart previously showed a rising channel from which the price has recently broken down.
- This breakdown from the channel suggests a potential trend reversal or a correction phase.
5. Historical Price Action
- The chart shows that the price experienced significant volatility over the past couple of years, with notable highs and lows.
- There was a marked downtrend until the recent rise within the channel, followed by the recent breakdown.
Summary:
The chart indicates that Aarti Industries Ltd. is currently in a bearish phase after breaking down from a rising channel. Immediate support levels to watch are INR 608.40 and INR 580.35, while resistance levels or future targets are set at INR 765, INR 800, INR 925, and INR 1120. The recent price action suggests caution for traders, as the breakdown from the channel may lead to further declines or a consolidation phase before any potential upward movement.
AARTI INDUSTRIES ( Positional Buy Setup )AARTI INDUSTRIES needs a good weekly breakout close above 802 with good volume bar , Rsi > 60, one of the RS be above 0 line and ema 10>20>50>200. A good positional entry can be made till the ATH levels.
