MENU

Published on 14/02/2020 11:07:35 AM | Source: HDFC Securities Ltd

Momentum Pick : Buy Aarti Industries Ltd For Target Rs.1100 - HDFC Securities

Posted in Broking Firm Views - Short Term Report| #Chemicals Sector #HDFC Securities #Aarti Industries Ltd #Trading Report

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

 

Momentum Pick : Buy Aarti Industries Ltd For Target Rs.1100 - HDFC Securities

* After showing a minor declines/sideways consolidation, the stock price has shifted into an upside bounce today.

* Currently, the price is making an attempt to show upside move above the key upper resistance.

* The short term trend has turned positive.

* We observe a formation of positive candlestick pattern as per intraday/daily timeframe chart.

* Volume has started to rise along with the up move in the stock price.

* The daily/intraday RSI is showing positive indication.

Recommendation

Buy Aarti Industries Ltd @ 998.35 - 980 SL 968 Target 1100

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://www.hdfcsec.com/article/disclaimer-1795
SEBI Registration number is INZ000171337

 

Above views are of the author and not of the website kindly read disclaimer