Out of the Box ??

Hello All !! 

back again with a Long Break ... 

Not Getting enough time to update the Blog Regularly! 

We will Discuss a Stock from Chemical Sector. 

Good Stock Stuck in Consolidation For a Long Long Time... This time it looks Like we will get a Breakout :) 

THE STOCK DISCUSSED TODAY is

  

AARTI DRUGS LTD.

Will Start with the Chart Immediately without spending time on useless crap. 

Here is a Monthly Chart ... 

We Can See The Stock is Stuck in a Range since last 5+ years.. Slowly Returning to Long term Rising Trendline. Here the Stock did a breakout Rally in 2014 and Rallied for almost a year to reach 870+ levels from 130 ... It was a Big Move, Stock gave almost 600% returns in 12-13 months.

After the Rally Consolidation in the range of 440 to 710 took place for almost 5 years. 

As per Current Chart,  The Stock Touched Trendline in March and Reversed. April Month Candle is Strong Body Candle trying to break out above the Range Resistance. This Kind of Candle has never been formed in last 5 years and it is supported by RSI and CCI, both breaking Out and entering in Bullish Zone. 

April Monthly Candle will See Continuation of the trend and upside will continue. We just need to watch May Month Candle. We might see Small Candle in the Month and followed by a Big Green Candle.  

I will not Go into Fundamentals, but overall it is a good stock to own. 

The Recommendation here : 

AARTI DRUGS LTD.

Recommendation : BUY 

Entry level : 680-720 

Add again if Comes : 580-540
Stoploss : 499
Targets : 786 - 866 - 1144 - 1555

(Those Who are able to Invest in 2 Steps, Invest Max 10% of Your Capital in 2 Steps, 5% in First Range and 5% in Lower Range) 

(Those who are having Small Capital, are Advised to invest in Weekly SIP in the Stock for Next 1 Month... in 5 weeks)

Time frame for the Expected Move : Approx 12 Months. 

Invest With All Your Risk Management in Place and Do Not Over trade anticipating Overnight Returns. Globally There is a Situation of Uncertainty so better Trade with Precautions. There is a Risk of 20% Capital if We have to close the trade in loss. And the Reward is amazing almost 150% upside. 

20 : 150 is the Best Risk : Reward in Any Trade for a Year's time frame. 

Plan your Trade and Trade According to your Plan !! 

The analyst is Globally Known Technical Analyst and Investment Adviser, Having Experience of 13+years in Indian and International Markets. The Stock may or may not be recommended to his clients. Any Trading Decisions by readers are their own responsibility. They may consult their Investment Adviser for More details and Trade Decisions.

For Investment Ideas Like This .. Check Our Newly Launched "EQUITY Marvels" Pack Posted on this blog. The Best and Most Affordable Investment Advisory for Small to Ultra HNI Investors !! 

#aarti #aartidrugs #drugs #chemicals #investment #equity #equitymarvels #investing #trading #nse #bse #nifty #nifty50 #sensex #stockmarkets #stocks #optionsmagician #planmymoney  

Those Who are New To Our World ... 

Join Our FREE WhatsApp Group =  CLICK HERE 

Join Our FREE Telegram Channel = CLICK HERE

----------------------------------------------------------------------------------------------------

For Advisory Services Contact us : 

WhatsApp : (+91) 8275 298 208

email : service@planmymoney.in

Training Services Inquiry : training@technicalanalysis.online