AMARAJA BATTERIES: Time to Move
Updated
Amaraja Batteries has been consolidating in a triangle for quite some time. It is been seen at the bottom of the same for a couple of weeks now. Volume is seem to be picking up now, and so would Amaraja. Risk-reward ratio is highly favorable. One can take long positions at current levels.
SL for the same can be placed at 824, for a initial price target of 880 (Time Horizon: 5-10 days)
*This is for educational purpose only
SL for the same can be placed at 824, for a initial price target of 880 (Time Horizon: 5-10 days)
*This is for educational purpose only
Trade closed: stop reached
SL Triggered. Exit trade.
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.