Published on 28/10/2020 12:48:47 PM | Source: HDFC Securities Ltd

Momentum Pick - Buy Aarti Industries Ltd For Target Rs. 1060 - HDFC Securities

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

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Momentum Pick - Buy Aarti Industries Ltd For Target Rs. 1060HDFC 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.

The overall chart pattern of stock a long trading opportunity.

One may look to create long trading position as per the levels mentioned above


Buy Aarti Industries Ltd @ 1008  TGT 1060 SL 995 TIME FRAME: INTRADAY


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