fido44889

Long Artindustries

Long
fido44889 Updated   
NSE:AARTIIND   AARTI IND LTD
Looking for long at Aarti Industries, Its very closed to weekly 2 standard deviation, with 20 sma. the pattern structure is higher high with triangle formation.

Long at 471.75
Stop loss break of trend line
Trade active:
Very interesting day today , opened with a gap down , but rallied within 30 min and closed flat near yesterday. Add more today. Hoping for a breakout next week.
Trade active:
Very brutal day with the 2.25 draw down. Should have closed the trade , but still in it.
Still technically quiet undervalued.
Trade active:
Still long ...... Need to review stoploss strategy for future trades. Monday candle close was engulfing candle. looking for more upside today
Trade active:
Still in the trade , possible double bottom, quiet low volume. if it closes below 445, then close the trade
Trade active:
Today a big jump on aarti industries. Price closed at the break out level of 480.30. Tomorrow will be an interesting day. If tomo is a green day, then we should start seeing a rally. when you see it recommended by Muppets of cnbc , then u will see the rally take momentum. Dont forget to take profit there.
Trade active:
So cnbc awaz finally picked this stock in the morning, honestly i dont like that. but the target of 530 550 is still on.
Trade active:
Trade still active , very close 535
Trade active:
Still in trade, yesterday was a bad day for the stock , still bullish on it, waiting for 535
Trade active:
Trade closed manually:
trade closed manually @ 494.40
Profit % 4.45

Unhappy holding very much over valued stock based on DCF model.

Trade closed manually:
Profit % 4.45

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