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Sep 18, 2022 11:37 AM

AMARJOTHI Consolidation & Range formation Long

AMARJOTHI SPINNING MILLS LTD.BSE

Description

BSE:AMARJOTHI

Time Frame – Weekly

Observations:-
* Consolidation & Range formation going on in 145-225 zone
* Small range (145-175) breakout done
* Major & ATH Breakout above 249.95
* Promoters buying seen in last 3 Quarters stake increased from 55.24 to 57.66
* Promoters buying continue in this quarter also.

Resistance – 300 / 375 / 430

Support – 145 – 175 zone


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