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Rajneesh Sharma CFTe

4th Sep ยท SEBI-Registered Analyst

๐Ÿ“Š Aptus Value Housing Finance โ€“ Long Darvas Box with Rising Support

APTUS
๐Ÿ”น Price Action The stock closed at โ‚น335.45 (+5.62%), trading within a long-term Darvas Box pattern between โ‚น297 (support) and โ‚น393 (resistance). Despite the recovery this week, the stock remains capped below its upper resistance zone. ๐Ÿ”น Technical View Darvas Box Range: โ‚น297 โ€“ โ‚น393 Support Levels: โ‚น297 โ†’ โ‚น320 โ†’ โ‚น343 Resistance Levels: โ‚น366 โ†’ โ‚น393 (major) Indicators: RSI currently at 52.29, moving inside its own Darvas-style range. A hidden bearish RSI divergence is visible, hinting at weakness unless the stock clears โ‚น393 decisively. Rising support trendline is intact, giving a bullish bias until broken. ๐Ÿ”น Strength & Weakness โœ… Strong long-term base above โ‚น297 provides downside protection. โœ… Darvas Box + Rising support suggests accumulation. โœ… Volume spikes at lower end indicate buying interest. โš ๏ธ Repeated failures near โ‚น393 mark strong supply zone. โš ๏ธ Hidden RSI bearish divergence shows underlying weakness. ๐Ÿ”น Outlook Stock remains in a Darvas Box consolidation. Bullish only above โ‚น393, which can trigger a breakout towards โ‚น430โ€“โ‚น460. As long as โ‚น297 support holds, risk remains controlled. A breakdown below โ‚น297, however, could drag the stock lower. ๐Ÿ“ข Disclaimer: This analysis is for educational purposes only, not investment advice. ๐Ÿง‘โ€๐Ÿ’ผ Rajneesh Sharma โ€“ SEBI Registered Research Analyst (Reg. No. INH000020332). ๐Ÿ“„ Stock market investments are subject to market risks. Do your own research before investing.

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