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
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Comment
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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
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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