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AARTIIND

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.
NSE:AARTIINDLong
by The90sTraderOfficial
📈 AARTIIND: New Year, New Opportunities! Analyzing the UptrendHello traders! It's great to be back with my first post of the year. Today, let's dive into $NSE:AARTIIND. Here's the breakdown: 📉 Directional Shift: The stock is transitioning from a downward to an upward trajectory, signaling a potential change in trend. 📈 Retesting Support: After reaching its previous peak, AARTIIND is retracing to test the support before gearing up for another upward move. 📊 Chart Analysis: Check out the visual for my entry, exit, and profit target. These are the key levels I'm watching closely. 💹 Derivative Trading Strategy: For derivative traders eyeing January expiry, consider 580 or 600 CE for potential opportunities. 🔄 Dynamic Market: Keep in mind that the market is dynamic, and these are just my observations. Always conduct your analysis before making any trading decisions. 🤔 Your Thoughts: What's your take on AARTIIND? Share your insights and strategies in the comments. 🔗 Stay Connected: Let's navigate these markets together. Stay tuned for more posts and updates! Happy trading in the new year! Best regards, Alpha Trading Station
NSE:AARTIINDLong
by AlphaTradingStation
8
AARTI INDUSTRIES SEEMS IN WAVE 5 OF ITS PRIMARY WAVEAARTI INDUSTRIES SEEMS IN WAVE 5 OF ITS PRIMARY WAVE (Logarithmic chart) Please note that I am not a financial advisor, and the information provided here is not financial advice. Before making any investment decisions, it's crucial to conduct thorough research or consult with a qualified financial professional. In the context of Elliott Wave Theory applied to Aarti Industries stock: Primary Wave 1 (Jan 2006): The uptrend started, reaching a price level of 11.70. Primary Wave 2 (Jun 2007): A corrective wave followed, with prices decreasing to 2.8. Primary Wave 3 (Oct 2021): The strongest upward wave occurred, reaching a price level of 1003.45. Primary Wave 4 (Oct 2023): Another corrective wave took place, with prices dropping to 438. Now, it's suggested that the stock is currently in the 5th of Primary degree wave, and there's a projected target of around 1085 for its cycle wave 1. Keep in mind that Elliott Wave analysis is subjective, and interpretations may vary. It's crucial to consider other factors, such as fundamental analysis and current market conditions, and to remember that the stock market is inherently unpredictable. Past performance is not indicative of future results, and any projections or targets should be regarded as speculative and not guaranteed. Exercise caution, seek multiple sources of information, and consider consulting with a financial professional, especially if you are not experienced in technical analysis.
NSE:AARTIIND
by imkhushal
Aarti Industries Stock Analysis: Potential Breakout or Short OppHello traders, Aarti Industries stock is showing a potential trend reversal from downward to upward on the 1-hour candlestick chart. However, there is a strong resistance level that needs to be broken for a bullish movement. On the other hand, there is a 60% chance for a short opportunity with high profit but high risk . The golden crossover below the current market price may act as a support level. Traders should watch for any bullish movement inside the triangle pattern and bears should exit if there is a breakout from the marked resistance level. It is better to take the short entry before it touches the support level. Thanks & regards, Alpha Trading Station Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market
NSE:AARTIINDLong
by AlphaTradingStation
Aarti Industries Ltd Trend AnalysisLeading Indian manufacturer of Speciality Chemicals and Pharmaceuticals with a global footprint. Chemicals manufactured by Aarti are used in the downstream manufacture of pharmaceuticals, agrochemicals, polymers, additives, surfactants, pigments, dyes, etc. Borrowings increased due to increased CAPEX. Technically bearish as the price is moving inside an ending diagonal. It will bottom out once price breaks out upside of this falling wedge highlighted. Monthly RSI shows strong bullish divergence. Good to accumulate around 500-550 levels for the following targets: Medium term swing target @ 900 (70% ROI) Long term swing target @ 1150 (115% ROI) Long term positional target @ 1670 (215% ROI) Do your own due diligence before taking any action. Peace!!
NSE:AARTIINDLong
by Swastik24
AN UPMOVE OF 3.77% IS BEING EXPECTED IN AARTI INDUSTRIESOn the 1 Hour Chart of AARTIIND, we can witness a beautiful Bullish Reversal Pattern Formation of "Bullish Harami" on the downside levels. Thereby, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to initially face a resistance at the levels of 965.85, 977.20, and 995.15. In addition to this, the stock may face a support at the level of 947.10. Closing Price (as on 06.12.21) : 958.90 Disclaimer: No financial information whatsoever published here, should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for Educational and Information purposes only and under no circumstances should be used for making investment decisions. Viewers must consult their personal financial advisor before making any actual investment decisions, based on information published here. Any Investor or Trader taking decisions based on any information published here, does so entirely at its own risk. Investors and Traders should bear in mind that any investment in Stock Market is subject to unpredictable market-related risks.
NSE:AARTIINDLong
by alokdaiya