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AlphaTradingStation
Jan 9, 2024 6:29 PM

πŸ“ˆ AARTIIND: New Year, New Opportunities! Analyzing the UptrendΒ Long

AARTI IND LTDNSE

Description

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Hello traders!

It's great to be back with my first post of the year. Today, let's dive into NSE:AARTIIND. Here's the breakdown:

πŸ“‰ Directional Shift: The stock is transitioning from a downward to an upward trajectory, signaling a potential change in trend.

πŸ“ˆ Retesting Support: After reaching its previous peak, AARTIIND is retracing to test the support before gearing up for another upward move.

πŸ“Š Chart Analysis: Check out the visual for my entry, exit, and profit target. These are the key levels I'm watching closely.

πŸ’Ή Derivative Trading Strategy: For derivative traders eyeing January expiry, consider 580 or 600 CE for potential opportunities.

πŸ”„ Dynamic Market: Keep in mind that the market is dynamic, and these are just my observations. Always conduct your analysis before making any trading decisions.

πŸ€” Your Thoughts: What's your take on AARTIIND? Share your insights and strategies in the comments.

πŸ”— Stay Connected: Let's navigate these markets together. Stay tuned for more posts and updates!

Happy trading in the new year!

Best regards,
Alpha Trading Station

Trade active

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Opened position in 600 CE @ 24.
Suggested price 21.
CMP 30 πŸ”₯

Trade active

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CMP 35 πŸ”₯

Trade active

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600CE closed at BE.
Swing traders can hold in cash

Trade closed: target reached

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Swing traders can book the profit.
Comments
SWINGERTRADER1
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good analysis
MarketBuzz
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Holding 630CE@17 after booking losses in 650CE.

what could be the next target for 630CE??

ThankYou
AlphaTradingStation
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Exited at BE
MarketBuzz
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what could be target for Jan24 650CE
AlphaTradingStation
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@MarketBuzz 650 is a ATM CE. So there’ll be time decay. Hence, exiting near β‚Ή10-12 is recommended. But do not delay and do not think to carry forward your position for huge profit booking
MarketBuzz
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@AlphaTradingStation Thank you πŸ‘
Kapil-Mittal
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AARTIIND is getting good volume follow-up. Hence there is a chance to increase.
AlphaTradingStation
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@Kapil-Mittal, Absolutely! πŸ“Š It is a promising sign for potential gains.
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