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)