Aarti Industries Ltd - 28.03.2024Trading @ 665 levels
Daily Chart looks good
Resistance @681
Prices above EMA
RSI needs a breakout
Stoch above 80
Watch out for further price action
Support @ 645
AARTIIND trade ideas
AARTIINDAnother chemical stock ..quite bullish..up frm 0.786%retracement..1st breakout of ascending trendline already done at 545, and another breakout of horizontal trendline around 600, for which target coming up around 786, which was support area earlier.
Aarti share sleeping giant CE1200Aarti share price Target -- 1200 in 3-4 month
Equity share - buy at same price
Option trader wait for slight correction if occur -- take CE strike price you want in March month and sell in expiry date
For chart analysis comment me in this post.
Aarti Industries Ltd.Aarti Industries is trading in a range from last 3 weeks . if stocks gives a breakout of this range and closes above 700 we will go long with stoploss of 680 for target of 750
AARTIIND UP MOVE Aarti Industries - Uptrend
Market travel Correction phase - FIB retracement 50% level - Take support .
Entry Level - 650 Rs Candle close for 30min
Target - 679 rs
Stoploss - 630 rs
Thank You ..
Aarti Industries Ltd
TARGET AND STOPLOSS IN CHART
Market Cap
₹ 20,518 Cr.
Current Price
₹ 566
High / Low
₹ 680 / 438
Stock P/E
45.9
Book Value
₹ 139
Dividend Yield
0.44 %
ROCE
10.4 %
ROE
11.6 %
Face Value
₹ 5.00
Promoter holding
43.6 %
EPS last year
₹ 15.0
EPS latest quarter
₹ 2.51
Debt
₹ 3,207 Cr.
Pledged percentage
0.00 %
Net CF
₹ 27.2 Cr.
Price to Cash Flow
15.7
Free Cash Flow
₹ -16.5 Cr.
Debt to equity
0.64
OPM last year
16.4 %
OPM 5Year
22.4 %
Reserves
₹ 4,848 Cr.
Price to book value
4.09
Int Coverage
3.52
PEG Ratio
4.31
Price to Sales
3.31
Sales growth 3Years
16.5 %
Profit Var 3Yrs
0.97 %
📈 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
Aarti industries- A Good Stock in underperforming chemica sectorKeep it on your radar this stock has beautiful RR & Could Give Nice Upside. Put your SL based on your risk, and do your own analysis before trading. This is just my view & a step towards learning chart patterns & trading.
Aarti IndustriesAnother opportunity in the Chemical sector
After analyzing the opportunity in Deepak Nitrite, our previous post
We have analysed Aarti Industries and this chart is looking interesting as well now
Aarti industires After a long time spent in the base the base formation has been done I think and there has been a clear divergence in the stochastic and rsi also.
if it crosses the level of 536 then a resistance can be seen at 567 this can be a range of consolidation and it would be better if it consolidates before going further up. It could be a great breakout who ever stuck in this stock don't sell as soon as you reach your level it has a high potential of touching its highs again.
After the big candle on 6th nov. with high volume it hasn't touched the lows again definitely some big investors made their positions. It is a good pattern and has been seen historically.
So make your own analysis before entering and predefine your stop loss, consult your advisor before making any investment.
AARTI INDClear breakout of resistance and trendline on weekly TF with pretty good volume. Price has just crossed both 50 and 200 EMA. One can enter for both swing and long term at CMP.
Aarthiind forms reverse cup and handle and its breaks outAarthiind forms reverse cup and handle and its breaks out
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.
AATI IND : SMA 200 + FIBO retracement. AARTI IND : The SM 200 is observed in the chart as yellow line. The price above the line provide trend reversal signal.
SInce than the prices have moved swiftly. The horizontal line is likely to act as the new support level at 572.
The retracement from the peak of 1009 to 438 gives us the important levels to look for and the same is visible on the charts.
AARTIIND Daily TF analysis Long term buyNSE:AARTIIND Long term analysis
Add more at 480 to 500 level with SL of 474
T1 594
T2 691
T3 788
Aarti IndustriesAarti Industries seems strong above 600 after a huge correction.
Even the volume spike seems getting ready for bullish rally.
Aarti Industries Chart Analysisaarti industries has given a breakout on daily chart
now wait for retesting or breakout of another resistance level
debt to equity - 0.64
AARTI IND SWING TRADE IDEAAARTI IND showing gud bullish move broke its weekly resistance zone with strong bullish candle with gud volume bar accumulated at the neck line of single strike and again picking up. interested one can look for 1:2:3 R/R.
AARTIIND about to break Range with Very Good VolumeAARTIIND about to break Range with Very Good Volume
1) In Range since Last 10 Months
2) After IPO, Current Month's Volume is 2nd Highest
3) About to break the Range
Good For Swing Trading before Breakout !!
