Multi-Bagger 10X Candidate - AARTIDRUGS

[Kaushik Akiwatkar-1691172624560]

Observation:
Breach of 45-degree Trendline with RSI above 75. The stock has been in a confirmed downtrend for ~24 months.

Currently, the price is trading near the 20-Column EMA which is our area of value.

Qualifies for 10X move

Entry Trigger: Bear-trap/Variation above 20 EMA

[devang_v_patel@yahoo.com]

hi sir. we have to wait for DTB for fresh entry?

[agragunath@gmail.com]

Already Qualified I think

[Kaushik Akiwatkar-1691172624560]

@Devang Patel Entry was triggered at bear-trap, however, the SL of the initial entry is triggered. We are waiting for the next bear-trap for entry now.

[pankil lukkad-1694702262426]

So longer the consolidation more the effect right, because you are selecting the ones that have spent minimum 24 months

[Kaushik Akiwatkar-1691172624560]

@Pankil Lukkad Correct. That's one of the rule of strategy

[ilyasshaikh@gmail.com]

Hello Kaushik, Good to see new strategy from you, never miss your update on P&F tools. Is bear trap a mandate for these strategy.

[Kaushik Akiwatkar-1691172624560]

@Ilyas Shaikh Thanks. Yes, the bear-trap/variation is the entry trigger

[ilyasshaikh@gmail.com]

This post is deleted!

[ilyasshaikh@gmail.com]

@Kaushik-Akiwatkar Thank you for confirmation

[Lalit Lohani-1697966576895]

@Kaushik-Akiwatkar sir again if a DTB comes but RSI at that time is below 75 then will you take entry in that?