AARTIIND - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 3.2

📊 Chart Patterns & Trend: AARTIIND is trading below both its 50 DMA (377 ₹) and 200 DMA (414 ₹), indicating weakness and a bearish undertone. Price action shows consolidation near 360–380 ₹ after a steep correction from highs of 495 ₹, with support at 344 ₹.

📈 Moving Averages: Current price (369 ₹) is below both moving averages, signaling short-term and medium-term weakness.

📉 RSI: At 43.6, RSI is leaning towards oversold territory, suggesting potential accumulation but no strong momentum yet.

📊 MACD: Negative MACD (-4.89) confirms bearish momentum, highlighting caution for short-term traders.

📊 Bollinger Bands: Price is near the lower band, indicating oversold conditions. A bounce is possible if buying interest emerges.

📊 Volume Trends: Current volume (3.99L) is significantly below 1-week average (30.9L), showing weak participation and lack of conviction in recent moves.

🎯 Entry Zone: 355–370 ₹ (near support).

🚪 Exit Zone: 390–410 ₹ (resistance near DMA levels).

⚠️ Stop Loss: 345 ₹ (below recent support).

📌 Overall Trend: Consolidating with bearish bias. A reversal requires sustained move above 380–390 ₹ with strong volume.

Positive

• Quarterly PAT growth (44 Cr. → 79 Cr.).
• EPS of 8.03 ₹ indicates earnings stability.
• Reasonable debt-to-equity ratio (0.69).

Limitation

• Stock trading below both 50 DMA and 200 DMA.
• Weak ROCE (6.43%) and ROE (6.22%).
• Dividend yield of 0.27% is modest.
• PEG ratio of -1.46 indicates poor earnings growth relative to valuation.
• Volume participation is weak, limiting breakout potential.

Company Negative News

• FII holding reduced slightly (-0.04%).
• DII holding reduced significantly (-2.17%).

Company Positive News

• Quarterly profit growth of 43.6% shows operational improvement.

Industry

• Industry PE at 26.6, lower than company’s P/E of 49.8.
• Chemical sector remains competitive with moderate growth outlook.

Conclusion

⚖️ AARTIIND is consolidating near support levels with RSI suggesting potential rebound. Entry near 355–370 ₹ offers limited upside unless price breaks above 390–410 ₹ with strong volume. Fundamentally weak compared to peers, making cautious accumulation advisable.