Aarti drugs caused a brief flutter after the last quarterly nos surprised the markets. Stock price went up for a couple of days, after having gapped up and now seems to be cooling off.
Attached chart shows breakout above 52 week high line shown in red, and a gap up area on weekly charts shown in dotted blue lines and fibonacci retracement levels (in dotted green) of fall from top in Oct 2020 at 1026, to bottom of 315 made in March 2023.
One can make their own inferences from the chart. I have no positions, but have been keeping an eye on the chart out of academic interest. Will keep updating if there is anything interesting happening.
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