ART NIRMAN STOCKS Weekly Chart Analysis.
👉 CMP 56.35
👉 Trading Very Close to Long Term Trendline
Resistance Range(TRR)
👉 Possible Reverese H & S in process of formation
👉 Revenue & operating Profit is expected to double
👉 Net Profit expected to Increase by 1000%
👉 Immediate Support Range - Rs. 49 to Rs. 53
👉 Long Term Price Sup Range ( SL below this...
Reason for long
a) Consolidation breakout
b) most of the indicators are positive - supertrend, rainbow, renko and channel breakout.
c) Volume and price burst
d) SL compulsory
