AMBER at a Critical Turning Point – Trend Shift or Just a Bounce

💹 Amber Enterprises Ltd (NSE: AMBER)
Sector: Consumer Durables | CMP: 7376 | View: Early Reversal Attempt Inside Downtrend Structure

Chart Pattern: NA
Candlestick Pattern: Bullish Engulfing


📊 Price Action – What’s Really Happening?
Amber finally showed signs of life after a sharp slide from 8600 levels.
Buyers stepped in near 7180–7200, creating a clean intraday reversal base.
But — the larger trend is still down, so this bounce must prove itself above 7480–7536.


🧭 Support & Resistance
Resistances: 7484 | 7536 | 7592 | 7785
Supports: 7183 | 7090 | 6990 | 6882
Demand zones are strong → resistance zones are layered and heavy.
This is why confirmation matters.

📈 STWP Trading Analysis:
Bullish Breakout: 7400 | Stop Loss: 7180
A clean bounce developed from the swing demand zone after strong absorption of selling pressure. Despite this intraday strength, the daily chart remains in a downtrend with lower highs and lower lows. A possible close above 7480–7535 could shift bias to short-term bullish continuation. Below 7180, weakness can reappear quickly.


🧩 Final STWP Outlook
Momentum: Mild |Trend: Bearish | Risk: Moderate | Volume: Improving

⚠️ Disclosure & Disclaimer – Please Read Carefully

This content is strictly for educational and informational purposes.
It is not a buy/sell recommendation and should not be treated as investment advice.
I am not a SEBI-registered investment adviser.
Markets carry risk, and price can move unpredictably.
Always evaluate your risk, position size, and suitability before trading.
Consult a SEBI-registered adviser before making any financial decision.

Position Status: No active STWP position in AMBER at the time of analysis.
Data Source: TradingView & Market Data Snapshot.

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