Long
Amara Raja Batteries view
Amara Raja Batteries
Last closing Price 690.55
Observations
- In downtrend since May 2017
- RSI in Oversold region
- Channel support around 674
- Inverted umbrella (also known as gravestone doji) observed in prevailing down trend with high volumes
____________________________________________
Risk to reward ratio looks good to go long with
Target around 760 &
Stop loss of 674
Take care & safe trading...!!!
Regards
Indiamarketoutlook
Last closing Price 690.55
Observations
- In downtrend since May 2017
- RSI in Oversold region
- Channel support around 674
- Inverted umbrella (also known as gravestone doji) observed in prevailing down trend with high volumes
____________________________________________
Risk to reward ratio looks good to go long with
Target around 760 &
Stop loss of 674
Take care & safe trading...!!!
Regards
Indiamarketoutlook
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.