Unspecified

Buying is initiated on this stock footprint view for AARTIIND

We have seen here two Flag Pattern, One Channel and Triangle on this stock.

  • While Flag Pattern found in up trend and present formed is a triangle at value low of the channel.
  • Almost everything is positive on this stock at the value low of the channel. As per triangle target is 837 nearby. After breaking trinagle, I expect here flag pattern again with the target of 904-923.

Stock is forming triangle pattern on long timeframe.
We are seeing tight channel and the price is trading at the value low(lower line of the channel). This means, investors is ready to enter if volume increase price can make wave (5) as mentioned in the chart.
The primary trend is up on this stock.

Two Trade SETUP is as per below levels…

Please log in to read the entire text. An only premium subscriber can read the full article.
If you dont have a login yet, please subscribe now to get access.

Previous ArticleNext Article

Leave a Reply

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted.