14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ARIES.BO
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Aries Agro Limited stock price ended at ₹271.15 on Friday, after losing 1.92%.
(Updated on Jun 21, 2024)

Buy candidate since Jun 14, 2024 Gain 10.49% PDF

The Aries Agro Limited stock price fell by -1.92% on the last day (Friday, 21st Jun 2024) from ₹276.45 to ₹271.15. During the last trading day the stock fluctuated 2.80% from a day low at ₹268.00 to a day high of ₹275.50. The price has risen in 8 of the last 10 days and is up by 18.64% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -178 thousand shares and in total, 12 thousand shares were bought and sold for approximately ₹3.37 million.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at ₹275.97 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -8.95% during the next 3 months and, with a 90% probability hold a price between ₹178.27 and ₹251.28 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

ARIES.BO Signals & Forecast

The Aries Agro Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₹259.63 and ₹243.64. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, June 20, 2024, and so far it has fallen -1.92%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Thursday, July 27, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Thursday, July 27, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Aries Agro Limited stock

Aries Agro Limited finds support from accumulated volume at ₹266.45 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ₹7.50 between high and low, or 2.80%. For the last week, the stock has had daily average volatility of 5.46%.

Our recommended stop-loss: ₹260.67 (-3.87%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 12 days ago.)

Trading Expectations (ARIES.BO) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Aries Agro Limited to open at ₹271.55, and during the day (based on 14 day Average True Range), to move between ₹258.94 and ₹283.36, which gives a possible trading interval of +/-₹12.21 (+/-4.50%) up or down from last closing price. If Aries Agro Limited takes out the full calculated possible swing range there will be an estimated 9.01% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₹274.10 (1.09%) than the support at ₹266.45 (1.73%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Aries Agro Limited stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.429 Buy Candidate Unchanged

Predicted Opening Price for Aries Agro Limited of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
₹271.55 ( 0.148%) ₹271.15

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ARIES.BO

Fibonacci Support & Resistance Levels

Level Price
R3 279.05 2.91%
R2 276.19 1.86%
R1 274.42 1.20%
Price 271.15
S1 268.69 -0.91%
S2 266.92 -1.56%
S3 264.05 -2.62%

Accumulated Volume Support & Resistance Levels

Level Price
R3 276.45 1.95%
R2 275.05 1.44%
R1 274.10 1.09%
Price 271.15
S1 266.45 -1.73%
S2 246.80 -8.98%
S3 245.15 -9.59%

ARIES Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 22, 2023 Sep 22, 2023 Oct 20, 2023 ₹1.00 0.539%
2 Sep 21, 2022 Sep 21, 2022 Oct 20, 2022 ₹0.80 0.581%
3 Sep 14, 2017 Sep 14, 2017 Oct 24, 2017 ₹2.00 0.765%
4 Sep 15, 2016 Sep 15, 2016 Sep 15, 2016 ₹1.50 1.46%
5 Sep 16, 2015 Sep 16, 2015 Sep 16, 2015 ₹2.00 2.18%

FAQ

What is the symbol for Aries Agro Limited Stock and on which exchange is it traded?
The symbol for Aries Agro Limited is ARIES.BO and it is traded on the XBOM (Bombay Stock Exchange).

Should I buy or sell Aries Agro Limited Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Aries Agro Limited Stock?
Aries Agro Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Aries Agro Limited Stock.

What's the current price of Aries Agro Limited Stock?
As of the end of day on the Jun 21, 2024, the price of an Aries Agro Limited (ARIES.BO) share was ₹271.15.

What is the 52-week high and low for Aries Agro Limited Stock?
The 52-week high for Aries Agro Limited Stock is ₹342.35 and the 52-week low is ₹157.90.

What is the market capitalization of Aries Agro Limited Stock?
As of the Jun 21, 2024, the market capitalization of Aries Agro Limited is 3.526B.

When is the next earnings date for Aries Agro Limited?
The upcoming earnings date for Aries Agro Limited is Aug 08, 2024.
Click to get the best stock tips daily for free!