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Stock Radar: Down about 40% from highs! This specialty chemical stock gave a breakout from a falling trendline
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Aarti Industries, part of the specialty chemical industry, has fallen 40% from September 2022 highs but a recent breakout from a trendline resistance suggests that bulls are here to stay.Short-term traders with high-risk profiles can look to accumulate stock for a possible target of Rs 580 in the next 3-4 weeks, suggest experts.The stock hit a 52-week high of Rs 844 on September 16, 2022, but it failed to hold on to the momentum.
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