AMAR BREAKOUT
Updated
Amaraja looks very strong on weekly chart, gives breakout on falling resistance trendline and closed above strongly, relative strength indicator gives signs of coming bullishness in this stock. Fundamental strong counter.
CAUSE OF LONG-:
1- Falling resistance trendline breakout.
2- Gaining volumes regularly.
3- Relative strength indicator breakout.
4- Combination of breakouts.
CAUSE OF LONG-:
1- Falling resistance trendline breakout.
2- Gaining volumes regularly.
3- Relative strength indicator breakout.
4- Combination of breakouts.
Note
TODAY REACHED 541 NEAR TO TRADING TARGETNote
REACHED 545 FROM 514 ALMOSD DID TRADING TARGET OF 549 YESTERDAYTrade closed: target reached
TRADING TARGET REACHEDTrade closed: target reached
SHORTERM TARGET ALSO REACHED OF 591.45 FROM 514.20
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