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AMARAJABAT Short

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NSE:AMARAJABAT   None
Trend Analysis Chart Patterns Technical Indicators automotive battery batteries nse nseindia suzlon AMARAJABAT amarajabattery
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2
trendanalysis chartpattern indicator automotive battery batteries nse nseindia suzlon amarajabat amarajabattery
Formed a head and shoulders pattern right on 200 days moving average.
Broken the neckline.
Approaching the neckline again for a retest.
After retest, it can give a big downside or upside.
Downside target 1 - 929
Downside target 2 - 905

If after retest buying starts and the stock moves up, then it can give
Upside target 1 - 963
Upside target 2 - 970

* For educational purpose only *
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