AMARAJABAT although one of the leading battery company and a big boost for EV industry is downtrending for long time, it is now its 52 weeks low and is expected to bounce back.
however the good news and bad news is hammer is formed and last day candle is bearish engulfing, that could means either the price will move at full speed or it will move to the bottom support of 600 and form a double bottom with new support.