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Rakesh Madhav CFA

5th Feb · SEBI-Registered Analyst

🧪 Aarti Industries: Base Formation After a Long Downcycle

AARTIIND
is attempting a weekly trend reversal after a deep correction, supported by a well-defined demand zone. Early signs suggest selling pressure is getting absorbed. Weekly technical cues Strong bounce from long-term support zone First meaningful close above declining 9-week EMA Volume spike on up-weeks → demand returning Stoch RSI turning up from mid-zone, not overheated Fundamental tailwinds Specialty chemicals demand stabilising globally Margin recovery potential as input costs ease Export-linked earnings offer operating leverage on recovery 📌 Trend bias: Early recovery candidate ⚠️ Risk: Needs follow-through above resistance for confirmation

#TechnicalViews#FundamentalViews#EquityResearch
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