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. Always connect with me at 91 9080826853