AMARAJABAT

vishal_agarwal Updated 

Hi, For Intraday traders, Buy above 547 SL 540 tgt 555

Bravetotrade Mod Updated 

Notes on the charts. Hit like if this analysis is informative. Comments are welcomed. Trade safe. Best Regards Bravetotrade

Einstein15

AMARAJABAT broke out of a month long range, testing the 618 fib resistance. break above 618 can give a good upside. Pessimistically, watch for the false breakout.As it can be a classic DISTRIBUTION move, to take out all the stoploss_buy_orders sitting on the top of the range level ,before crashing down.

Maahir29 Updated 

Long With Support

shaqqs

Trend on the up move, watch Out!! Agree with my friend

raghu.972 Updated 

It looks Amara Raja bounced off channel support and bollinger bands lower lines.

ghraichura

Break over long term weekly downtrend line will push this up. Further support taken yesterday and today is near about 66% of 93 (915 - 822) from the fall of 915. Which indicates probable formation of cup and handle at 915 level. If it happens, then reverse H&S also being formed at 915 on daily chart. Should go long in this stock for long term with SL at 821 and...

NeeteshJain Updated 

It is been observed on Weekly and Daily Chart that the price action is forming lower lows and lower highs indicating a bearish move ahead. It has also broken previous support of 840-850 levels. Now, it shall further dip down. Target 1: 825 Target 2: 800 Stoploss: 850

sagarkotecha Updated 

Add in-between 840-846 only with a strict stop loss of 835 on closing basis. with immediate target of 860, 883 and 915

bharathhk

Amara Raja Batteries' price failed to breakout inverted head and shoulders.

mbhatt2

Good bullish formation. Breakout of consolidation will lead to targets of 1200. Risk to reward ratio 5:1