If we look at this chart, it tries to break the Bollinger band two times within 110 days; even we look at the past, it was unable to break. But now you can see the last three days it closes almost above the upper resistance of BB, i.e. (mean + 2* Standard Deviation). Bollinger Band, In mathematics, we called it Gaussian or normal distribution or bell curve. If...
TimeFrame - Weekly AartiDrugs is trading in a range for the past few weeks, closing above range can give fresh BO. Weekly RSI has just crossed 60 - Showing strength Once Breakout happens, once can go along with SL 700 weekly closing basis. Disclaimer I am not SEBI registered analyst My studies are Educational purpose only Please consult with your financial...
I think it will move in an uptrend, Check the graphs I am a new learner, let me know if I am wrong.
Higher Highs and Higher Lows. Green volume candles longer than red candles. Fasten your seat belts and enjoy the ride. ***** Help Me to Help Us. Always keep a stop loss to rescue you out of troubles. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements so that we learn & earn...
This chart is made on the request of my follower @Himanshu93. CMP 2933 Aarti Drugs has had an amazing run since 890 levels breaking out Parallel Channels thrice and returning 300%+ returns in just a few months. The 4th ride is still within the channel but most likely it would break the channel on the lower side tomorrow purely on the basis of MACD...
Pharma Ingredient Supplier Rally - AARTIDRUGS
My new learning - Plotting the Parabolic Curve Calling out experts to correct me if I'm wrong. If the Parabolic Curve drawn is correct then expect the price to at least touch 1700-1750. Lets Wait and Watch ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements...
What should i mention here.... what i can say is just be active and keep researching one day you will get a chance and just don't miss the opportunity
AARTIIND - SHARK SHARK - time to bounce Holding 890, stock can bounce initially to 960-990- levels and will revisit if moved as expected. The stop is placed at 870