$ARDR

Market Event: ARDR traded down into local support near Rs12.15 and is now testing whether sellers are exhausted.

Momentum Implication: A firm base here can trigger a recovery leg back into the recent range highs.

Levels: • Entry Price (EP): Rs12.18–Rs12.28

• Trade Target 1 (TG1): Rs12.50

• Trade Target 2 (TG2): Rs12.85

• Trade Target 3 (TG3): Rs13.20

• Stop Loss (SL): Rs11.95

Trade Decision: The bias stays mildly bullish only if the current support area keeps absorbing downside pressure.

Close: If Rs12.15 holds, continuation toward higher range resistance becomes more

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ARDR

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