Rocky_Chow

Amararaja...the charge ahead

Long
Rocky_Chow Updated   
NSE:AMARAJABAT   None
stock is consolidating after the market has made peace with the twin blows of foreign promoter cashing out, state government machinery attempting to shut its factories for environmental considerations and a tubular battery plant completely getting gutted in a fire...
twice in the recent past, when it closed above the downward sloping pink resistance lines it made positive moves.. it is nearing another resistance ... first target would be 780...stop loss...will fold the trade if price closes below the 30W EMA ...
Trade closed: target reached

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