With over three decades of strong experience in the vocational skilling and non-formal academic curriculum based training programs, Aptech Ltd. is a pioneer in the non-formal vocational training business in the country with a significant global presence. Ever since its commencement in 1986 and with a current presence of over 800 centres globally, Aptech Ltd. has effectively ventured into diverse sectors ranging from IT training, media & entertainment, retail & aviation, beauty & wellness, banking & finance, and pre-school segment amongst others. Aptech Ltd. has successfully trained students, professionals, universities & corporates through its two main streams of business - Individual Training and Enterprise Business Group.
Under Individual Training, Aptech offers career and professional training through its multi brands - Arena Animation, to Maya Academy of Advanced Creativity, LakmΓ© Academy Powered by Aptech, Aptech Learning, Aptech Aviation Academy, and Aptech International Preschool. Enterprise business includes training and assessment solutions for corporates & institutions (Aptech Training Solutions, Aptech Assessment & Testing Solutions). With ProAlley, Aptech offers online training in graphic design, animation, VFX and game design.
The chart you've shared is a weekly candlestick chart of Aptech Ltd (NSE), with Fibonacci retracement levels, a downtrend marked, and recent price action indicating a potential reversal or bottom formation. Let's break it down step by step:
π Technical Trend Analysis π» Trend Overview The stock was in a long-term downtrend from the peak (~₹600+) to a bottom around ₹89.
The Fibonacci retracement tool is applied from the peak to the bottom, indicating key potential reversal or resistance levels.
The price seems to have found support near the 0.786 level (~₹93.11), often considered a strong reversal zone.
π’ Recent Price Action The recent bullish candle with a 5.15% gain indicates a possible bottom formation or early trend reversal.
Price is currently at ₹231.96, reclaiming territory above 0.786 level.
π― Fibonacci Levels (Key Levels) Fibonacci Level Price (Approx) Significance 0.786 ₹93.11 Strong support, possible bottom 0.618 ₹226.07 Resistance near current price 0.5 ₹319.45 Mid-level resistance (target zone) 0.382 ₹412.85 Resistance closer to prior highs 0 ₹600+ (peak) Ultimate long-term resistance π Support & Resistance Levels Immediate Support: ₹138.86, ₹111.26, and strong base around ₹89.08 (historical bottom)
Immediate Resistance: ₹226.07 (Fibonacci 0.618), then ₹262.60 and ₹294.70
Major Resistance: ₹319.45 and ₹415.20
π Fundamental View (General Overview for Long-Term) (Note: Detailed fundamentals like P/E ratio, debt, growth projections, and promoter holding should be verified from sources like screener.in or company filings)
✅ Positives Brand Recall: Aptech is a known name in education/training (IT, animation, etc.).
Part of the Tata Group (earlier promoted), which adds credibility.
Education Sector Potential: With tech adoption, this sector has potential upside.
⚠️ Risks High Competition: Online ed-tech space is getting saturated.
Revenue Fluctuations: Being discretionary, revenue is sensitive to economic cycles.
Low Volume/Volatility: Sometimes illiquid, difficult for large position entries/exits.
π― Target & Stop Loss (Long-Term View) Type Level (₹) Comment Entry Zone ₹220–240 Accumulation zone above 0.786 level Stop Loss ₹110 Below strong support Short-Term Target ₹262–294 Near 0.618 level Mid-Term Target ₹319 0.5 Fibonacci level Long-Term Target ₹415+ 0.382 retracement, trend continuation π§ Strategy Suggestion (Long-Term Investors) Accumulation Zone: ₹200–240
Add More if: The price sustains above ₹226 with volume
Hold for: 1–2 years with partial booking at each resistance level
SL Discipline: Keep a strict SL at ₹110 to avoid further downside risk
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