Looks like there is a good buying opportunity we can get in Amar Raja Battery in the upcoming days which can be an opportunity for long term investment. Currently Amar Raja Battery is in a range. If we will get the price of 560-570, then it can be a great investment opportunity. Stay tuned for more such simple and crisp analysis
This is a long term Investment Idea using the Buy Only indicator.
Amararaja has given a multifold return over the years. They make batteries - its future seems to be bright!
In Feb '2011
Rs . 1,000 invested in this trade would've
possibly have become 21,459.65
by the end of this trade in about 4.5 yrs
Bank FD would double (with bank rates in 2011)
in 5 to 7 yrs....
Amara Raja Batteries today broke breakout zone 690 above and sustained, one can look forward for long position of target 800/- on upside of 100 points in coming days. hold period 2 months.
Just see my views explained about NIFTY: BAJFINANCE: DLF: AMARAJABAT Live.
Before publishing the video BAJFINANCE and DLF was rocking as expected.
Also shared my views about Nifty in the coming days. Please watch and like it.
Happy Trading.
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