AMARA RAJA BATTERIES LTD - POSITIONAL BUY ABOVE 520 STOP LOSS 479 TARGET 534, 551, 584 Posting for Educational purpose only Closing Basis means stock need to trade above 520 between 3:25 ~ 3.30 PM (Daily candle close > 520) If my analysis appears OK then please LIKE, FOLLOW and SHARE
lower high formation small stop loss , last swing low can go long, NSE:AMARAJABAT
INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 13th) #SELL AMARAJABAT BELOW 756
Amara Raja Batteries CMP 772.50 Observations - The stock has been in down trend channel (red colour) since Aug 2015 - Since Nov 2017 we observe the stock being able to manage to trade in minor blue uptrend channel Based on the observations Important levels for the stock - 728-707 is an important zone which needs to be protected - the potential on the upside...
Sell Amara Raja battery around 800 Target price 775 Strictly positional basis target Trade as per risk appetite Happy Trading