Aarti Industries Ltd – Potential Upside Setup
The stock is showing signs of recovery after a corrective phase and is now attempting to move higher from its support zone. Price action indicates early accumulation and momentum build-up.
🔎 Technical Observations:
• Strong base formation around ₹410 – ₹420 zone
• Price reclaiming short-term moving support levels
• Gradual higher low formation suggesting accumulation
• Momentum indicators showing early strength
🔑 Key Levels to Watch:
• Immediate Resistance: ₹457
• Breakout Level: ₹474
🚀 Potential Upside Targets:
• ₹503
• ₹560
• ₹617
• ₹645
• ₹673 zone
📉 Support Levels:
• ₹430 (Immediate Support)
• ₹410 (Major Support)
⚠️ Breakout above ₹474 could trigger a stronger upward move.
— AALGO BREATHS 📈
SEBI Registered Research Analyst