Long
AMARAJABAT - Channel Trade
Amara Raja Batteries is moving steadily in a channel since June. Currently it is trading near bottom of the channel.
There is a good chance the share will move to the top of the channel.
Stop Loss @ 700
Target @ 800-810
CMP @ 736
We have entered @ 735.65 cash position.
Note - views only for educational purposes. Do your risk assessment before entering any financial positions.
There is a good chance the share will move to the top of the channel.
Stop Loss @ 700
Target @ 800-810
CMP @ 736
We have entered @ 735.65 cash position.
Note - views only for educational purposes. Do your risk assessment before entering any financial positions.
Trade active
Positions can be added around 745 with SL of 690-700.
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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.
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.