For Intraday on 18th NovemberBreakout oppurtunity on 18th November 2020. Watchout.
Note: This is solely for educational purpose. Thank you.
AARTIIND trade ideas
SHORT Aarti industriesAarti industries formed head and shoulder pattern and break below neck line on daily chart. SHORT FOR A TGT1 -950, TGT 2 - 895
Aarti Industries - Head and ShouldersBearish pattern formed in Aarti Industries. More fall expected below the base line.
AARTIIND SHORT TERM VIEWDemand and supply view Aartind
Demand zone 983-1011
Supply zone 1187-1230
Entry above 1065
Target 1200++
Stop loss 1000
Aarti Industries - Handle in formationLooks like the retracement is complete however, even if it retraces a little more keep a close watch and enter on any dips available. Looks promising for the medium term.
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Aarti Industries - CUP in formationAfter it seems like it took support at 0.5 retracement, the stock looks quite ready for the climb.
Inside the broader arc 'Cup' is the 'Parallel Channel' in which the stock is moving.
RSI at 55 also shows that if the stock needs momentum to rally, RSI has the steam to provide.
All in all Looks attractive to hit 1100 again.
R-0094 Short Term Cash Buy AARTIIND @968.00-971 SL 939 TGT 1025Short Term Cash Buy AARTIIND @968.00-971 SL 939 TGT 1025
# Above VWAP
# TK cross over already had cloud break out
# MACD cross over
# RSI cooling off so which means there is good upside from current level
Aarti Industries: Crossing EMA 50,200 and trend line. The stock has just broken through the 50 and 200 EMA. It also has broken through the trend line and has nicely taken support off of the support line ( blue straight line). My thesis is that it should go up with the next support level being around 650 price.
AARTI INDUSTRY is bullish#AARTIIND notched up volume of 84070 shares by 10:53 IST on BSE, a 5.34 fold spurt over two-week average daily volume of 15736 shares. The stock rose 2.87% to Rs.949.35. Volumes stood at 10823 shares in the last session.
Showing Bullish result in Technical Parameter:
CCI is Treading UP
RSI is Treading UP
William %R is Treading UP
ROC is Treading UP
MACD Crossed above signal line
DI+ is crossed above DI-
PSAR is indicating Bullish Reversal
Crossed above 50 and 100 day SMA and EMA
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Support : 930 & 920 & 906 & 892 & 850
Breakdown : 939
LTP : 950
Breakout : 960
Long Target : 1000 & 1020 & 1047
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Disclaimer This is only for educational purpose and paper treading. Learn and take advice from you financial advisor
AartiInd - accumulate, SL 897Reversal from Fibb 61.8% level with volume, Also forming Flag pattern breakout. Keep SL 897
AARTIIND - SHARK SHARK - Time to bounceAARTIIND - SHARK SHARK - time to bounce
Holding 890, stock can bounce initially to 960-990- levels and will revisit if moved as expected.
The stop is placed at 870
AARTIIND - HIGH PROBABILITY BULLISH SETUP#AARTIIND
CMP 1550
Stop 1375
Target Open
Logic :
Cup and handle breakout witnessed in weekly chart accompanied with good volumes.
YoY quarterly np, op and sales has been increasing at a good rate over the last 3-4 quarters.
AARTIIND - Fib BuyPremise:
1. Waiting for an OTE retrace
2. Possibility of a bullish divergence on the weekly timeframe
Execution:
1. 1:1:4 scale in between 1149-1187
2. Stop at 1100
3. Target 1410
Result:
1. A 2.62:1 RR trade is executed
Buy Aarti IndsAs can be seen the price is in a strong trend upward not going below the kijun. the stock can be added for long term on major dips.
Retest of previous swing high acting is accumulation zone .History suggest , retest of previous swing high has attarcted Buyers most of the time .
AARTIIND: Continuation of Uptrend(Long Term Opportunity)AARTIIND in the bullish channel.
Oversold conditions reached on a weekly graph testify for the upcoming price action prediction.
Buy:1215
Stop: 1045
Take Profit:
1560
1903
(Others: Strong Buyback history last one at ~1150)
Check news and update in comments.
Aarti Industries Ltd_Long_Daily_Swing_12.11.2017Aarti Industries Ltd_Long_Daily_Swing_12.11.2017
Quality - Excellent
Valuation - Expensive
Financial Trend - Positive
Delivery Percentage - Good
Entry - 900
Target - 954
Stop Loss - 876.66
