AMARA RAJA ENERGY & MOBILITY - Swing Trade Analysis - 9th March

AMARA RAJA ENERGY & MOBILITY (1D TF) - Swing Trade Analysis given on 9th March, 2024

Pattern: FALLING WEDGE BREAKOUT
- Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress

#amararaja

Comment:

AMARA RAJA ENERGY & MOBILITY Update (as on 4th April, 2024)

What Occured Previously:
- The stock missed our Target Level by 1% and reveresed completely
- Got stopped out at cost

Re-Entry Possibility in the making:
- On a Weekly Time Frame, the stock is taking support and showing a reversal
- There might be some consolidation around the 800 levels and then a solid upmove
- On a Daily TF; volume accumulation is in process
- Target Levels will be the same as before

* Disclaimer

Trade active:

AMARA RAJA ENERGY & MOBILITY Update (as on 16th April, 2024)

✓ 17% Returns in just 8 Trading Sessions

As mentioned in our previous update on 4th April:
- Re-entry levels was around 800
- The Stock has had a rapid upmove with our TSL in place
- Targets were as mentioned before

* Disclaimer