Arham Technologies – Fibonacci Reversal + Bullish Monthly Breako

Arham Technologies – Fibonacci Reversal + Bullish Monthly Breakout Setup
Timeframe: Monthly
CMP: ₹140.85
Key Levels:

0.382 Fib: ₹121.45

0.236 Fib: ₹144.97

Swing High: ₹183

Major Support: ₹75.10

📈 Technical Overview

Arham Technologies has completed a multi-month correction from its ₹183 peak and has taken perfect support near the 0.5 Fibonacci level (₹102.44). This is a classical correction-completion zone in midcap momentum stocks.

The current monthly candle shows strong bullish momentum (+29%), confirming a trend reversal from the Fib retracement zone.

Key Observations

✔ Price reversed exactly from 0.5 Fibonacci retracement (₹102.44)
✔ Bullish engulfing candle breaking above 0.382 Fib (₹121.45)
✔ MACD flattening & turning upward → momentum recovery starting
✔ RSI bouncing strongly from oversold region
✔ Volume curve improving after consolidation
✔ Next major resistance at 0.236 Fib (₹144.97)

This structure indicates a fresh impulse wave may begin.

📊 Arthavidhi Trade Setup
🔹 Entry

Aggressive Entry: ₹138–₹142 (current zone)

Safe Entry: On monthly close above ₹145 (0.236 Fib breakout)

🔹 Stop-Loss (Monthly Close Basis)

₹102.44 (Fib 0.5 level + structural support)

Conservative SL: ₹75.10

🔹 Upside Targets
T1 → ₹155

(near-term Fib extension resistance)

T2 → ₹170

(previous supply zone)

T3 → ₹183+

(previous ATH — breakout possible if volume expands)

T4 → ₹210+ (positional)

(If ATH breaks with strong momentum)

🎯 Trade Logic

The stock has respected golden Fib levels, which usually mark the end of correction.

Strong bullish monthly candle after 6–8 months of consolidation.

MACD + RSI structure indicates fresh momentum cycle.

Above ₹145, the stock enters free bullish territory toward ₹170 / ₹183.

This is a high-probability reversal setup commonly seen in early-stage multi-bagger stocks.

⚠️ Risk Management

Do not use intraday SL; only consider monthly close.

Risk per trade ≤ 1–1.5% of capital.

Avoid fresh buying if price rejects from ₹145 on monthly closing.


“Arham Technologies has completed a clean Fibonacci correction and is now breaking above the 0.382 Fib zone with a strong bullish monthly candle. Above ₹145, the stock can aim for ₹155 → ₹170 → ₹183. Monthly SL: ₹102.44.”