scorpiomanoj
Long

AmarRaja Batteries - 200 ma period support bullish pattern

NSE:AMARAJABAT   AMARA RAJA BATTERI
AmarRaja Batteries
CMP
876.
Weekly.
Target 937/1075.
Stop 790 (short term trading stop) / 745 (medium to long term investment stop loss).

1) Mild RH             and RS             pattern observed; suggests trend reversal.
2) 200 period ema acting as strong support; more importantly 30 week ema crossover with good volumes.

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