muhd_nihal
Long

Is it time for Resuming the uptrend?

NSE:AMARAJABAT   AMARA RAJA BATTERI
The script has retraced to 61.8% and taking a support here for past week.

It has also formed a descending channel after the bull run, forming bullish flag .

Considering last 10 days, it is forming an ascending triangle .

Breaking above the upper boundary of the channel + Upper boundary of ascending triangle ,
chances are that the script will resume its bull run to 127.2%.

Enter the trade above 788
Target1: 854
Target2: 864
Target3: 880
SL 759.1

Any opposing thoughts are welcome, positive criticisms helps us learn.

Disclaimer: This is for educational purpose only. Trade after consulting your financial adviser.
Dec 19
Trade active: Trade active, broken both channel and ascending triangle...
Happy minting!!
Dec 27
Comment: Update SL to 820
Dec 30
Comment: T1 reached on 28th,
Taking support at 100% fibonacci level,
Hold with TSL at 820
Jan 03
Comment: Keep holding with CBSL at 820
Jan 05
Comment: Target 1 and 2 reached
Jan 08
Comment: Update CBSL to 840
Jan 18
Trade closed manually: Closed below CBSL
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