Trend Description:
Aarti Industries has shown a strong rebound from the ₹365 support zone and is now testing a major supply zone near ₹420. Weekly structure shows base formation after long correction.
Support & Resistance Levels:
Support: ₹364 / ₹331
Resistance: ₹420 / ₹487 / ₹526
Expected Move:
If price sustains above ₹420, a medium-term trend reversal toward ₹487–₹526 is possible. Rejection at supply may bring a retest of ₹365.
Short Fundamentals Summary:
Aarti is a specialty chemicals major with strong export presence. Fundamentals remain stable; margins likely to improve with demand recovery in chemicals.
Final Verdict:
🟡 Watch for breakout above ₹420. Fresh buying only on sustained close above ₹420; else expect sideways action.