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AMARAJABAT

Amara Raja Energy for 60% gainsDate: 30 Oct’24 Symbol: ARE_M Timeframe: Daily Amara Raja Energy & Mobility seems to have begun Wave V of 3 which is heading towards 2150 (60% from current price of 1350) as seen in the chart. Once it has crossed 1450, its five waves can be established. Both volume pop out and RSI strength support this view. This is not a trade recommendation. Please do your own analysis. HINGLISH VERSION Aisa prateet hota hai ki Amara Raja Energy & Mobility ne 3 ki Wave V shuroo kar di hai jo 2150 (vartamaan price se 1350 se 60%) ki taraf badh rahi hai, jaisa ki chart mein dekha gaya hai. Ek baar jab yah 1450 ko paar kar jae, to iski 5 Wave sthaapit ki ja sakti hain. Volume pop out aur RSI ki majbooti donon is drshtikon ka samarthan karte hain. Yah koi trade lene ki salah nahin hai. Kripya apna vishleshan khud karen.
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NSE:ARE_MLong
by DhandhaPaani
2
AMARAJABATAMARAJABAT:- Ascending triangle pattern is formed wait for the breakout till then keep your eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
ALong
by AjayDhakad_Keep_it_simple
1
Amara Raja Batteries LimitedAMARAJABAT:- The stock was downtrend for 2 years now it has reversed downtrend and caught uptrend and gave breakout on weekly chart. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
ALong
by AjayDhakad_Keep_it_simple
Double Bottom breakout on Amarajabat - weekly chartsDouble Bottom breakout is visible in amarajabat stock - weekly timeframe. Normally such patterns at higher time frames hold a lot of value. The second bottom respected the first bottom which gives more conviction. The whole price action is supported by the announcement made by the management of Amara Raja Batteries of capex into Lithium Ion batteries which are used in electric cars/ scooters. This change in strategy will ensure that Amarajabat sustains in the game of Auto Industries.
ALong
by Mayank-Pandey
AMARAJA BATTERIES CURRENT PRICE 516.45AMARAJA BATTERIES Weekly may be a good play going forward, Stock looks sustaining the current levels and trading within the down trending channel. Once the price breaks the channel on positive side huge potential for stock to move upside. A move can be predicted as the current downtrend channel has retraced lot to its previous trending move. Keep watch. Strict stop loss should always be maintained to avoid huge loss in investments and always trail your stop loss to keep minimum profits in pockets.
ALong
by NANARKAR
1
Flag Pattern breakout in AMARAJABATBefore taking any trade I always analyze the trend, price, volume, and how the relative strength is performing compared to other stocks in that sector. Here are a few observations that we can make from the AMARAJABAT chart: Flag Pattern upside breakout(bullish) The stock broke a long trend line and consolidated for a month. It has given a range breakout with 2x avg volume. The stock has been retraced and weak hands have been removed. The stock Relative strength is trending towards highs. Entry - 540 Stoploss - 497 Target 1 - 575 Target 2 - 640 I hope this helps more in your stock analysis. Thank you Saurabh
ALong
by shadowthenoobtrader
AMARAJABATTERY ANALYSYS 12.09.2022BUY : 448 TO 500 TARGET 857 TO 1041 Reason For Selling This Script : In this script it has formed the side ways pattern for longer time frame. Now price came to support of the side ways. And it also forming the triangle pattern in monthly time frame. Now the price has formed the support in bottom of the box. So we can go for buy as above levels. Once the price close above 1041 in monthly time frame and the next target up to 1533 to 1621. Technical Analysis Used : Box Pattern Triangle Pattern Double Bottom Note : Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target. ALL THE BEST ..
ALong
by dayanithi555