Amara Raja Batteries is currently trading in a crucial level. It may give a good break out which will take it into the sky. Closing above 770 will give it a fire which will take this stock till 840 within next week making a new all time high. Keep your eyes on this and go with the trend to mint money. Buy between 770-775 level for target of 840 with 755 as stop loss.
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Will Amaraja become Raja tomorrow....today in last 20 min volumes suddenly increased...if it crosses 794 level tomorrow then we may see 840-850 levels
But what if markets falls , I want to take position in this can you suggest any option
Karu142
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@sarabjeetrana, if market falls then, till the time it is tradimg above 715 then it is on up side...if it breaks 715 level then we can think of shorting it