NeeteshJain

AmarajaBat Looking Weak ahead

Short
BSE:AMARAJABAT   AMARA RAJA BATTERIES LTD
It is been observed on Weekly and Daily Chart that the price action is forming lower lows and lower highs indicating a bearish move ahead. It has also broken previous support of 840-850 levels. Now, it shall further dip down.

Target 1: 825

Target 2: 800

Stoploss: 850
Trade active
Comment: Stoploss updated to 872 levels. Regards
Trade active
Trade closed: target reached: TARGET 1 REACHED. REGARDS