Aarti Drugs - Key Levels to Watch

Aarti Drugs - Key Levels to Watch 🔍
Aarti Drugs has shown some recovery after restoring production at its Tarapur unit, as per recent filings. Here’s the technical outlook:

1.Fibonacci Retracement Levels:

• Resistance at 0.618 (₹593) and 0.5 (₹676).
  
• Immediate support near 0.786 (₹476).
  

2.Volume Profile:

• High activity seen between ₹450-₹500. Sustained support in this zone is crucial.
  

3.RSI:
Current RSI shows a slight bullish divergence—monitor for a potential rebound.

Levels of Interest:

• Upside Potential: ₹593 (618 Fib) and ₹676 (0.5 Fib).
  
• Downside Support: ₹476 (786 Fib) and ₹450 (volume support zone).
  

Stay cautious as the stock consolidates. Monitor for clear directional moves above or below these levels.