AMARARAJA - Short Term PickNSE:AMARAJABAT
Short Term Pick :
This stock has underperformed index in last couple of years and technically it looks that it has made a bottom in last 2 months of consolidation. Upper side Targets are close to 650 levels in 1-2 months
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Attached below few Related Ideas posted under my profile in recent time.
Happy Hunting ,
Chintamani
Disclaimer.
I am not SEBI registered analyst.
My studies are for educational & General purpose only.
Please Consult your financial advisor if you have plans of trading or investing.
You yourself hold sole responsibility of profits and your losses arising of above shared info
AMARAJABAT
Amaraja AnalysisI will be Bullish once 474 crossed & sustained in 30 min time frame.
491 immediate resistance.
Amaraja BatteriesAmaraja Batteries
In downtrend now... only when it breaks the pattern will move upwards...
AMARARAJA BATTERY LOKING GOOD FOR SWING TRADEAMARA RAJA BATTERY looking good for a swing trade.
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The reasons behind the trade.
1. A triangle pattern had formed in this stock. The height of the pattern can be taken as the target for it.
2. The stock will soon give a break of its 50 ema.
3. and at last at the same price, the stock will break its flag and pole pattern.
Fundamental reason
1. the sales of automobiles had increased so the whole auto sector is being bullish and now it might be a bullish sign for Amara raja battery as well.
#AMARAJABAT #InvestmentIdeas #NIFTYAUTO #NIFTY50
AMARA RAJA LOOKING GOODAmara Raja Battery looking good buy above 582 for the upper marked targets on the chart.
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InvestPro India Team
amaraja Battery looking good positionally Falling wedge pattern is being observed on chart , breaking the line result in breakout
Amara RajaBat Time to catch the early trend of a major bull run Entry Zone - Above 585-588 Level
Sl Below 530
Target 669-770-990
Timeframe - one year
Disc - Not a trade recommendation. NSE:AMARAJABAT
AMARAJA BATTRIES looks bullish. Risk involvedAMARAJA BATTRIES looks like stocks has completed its current wave2 and resuming its wave3 rally. If so a great rally may be seen on the charts of AMARAJABAT. Current Price 578.00 around.
View here is of personal nature and not a recommendation to buy or sell in security. Investment in shares are subject to market risk. Please consult your financial advisor before entering into positions. Risk involved here is the risk of capital involved.
AmararajaOnly take position on above 1:5 RR ratio
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Current Price : 600
Take position at : breakout the triangle setup
Max Target 70% ROI
Stop loss according your Psychology
RRR 1:12
Time period : 1 year
Amar Raja Battery AnalysisLooks 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
Amararaja BatteryAmararaja Battery holding strong, upside can start with first resistance around 690-700, next @ 760
Amar Raja Batteries : Positional CallAmar raja Batteries : Positional Call
Keeping EV segment in mind, Right time to enter the stock after double bottom, stock will slowly start moving towards its recent highs.
Keep watching
AMARARAJABAT LONGAMARARAJABAT LONG
Move after retracement.
Target 1 - 669
Target 2 - 697
Target 3 - 738
AMARA RAJA LOOKING GOOD TO BUYAmara Raja has given the breakout from the falling trending line and looking good to buy around 625 - 630 zone for upper marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Breakout Of Inverted Head & Shoulder Pattern In AmarajabatteryBreakout Of Inverted Head & Shoulder Pattern Can Buy In CMP For The Target Of 712/735
Amarajabat LONGAfter loong correction, amar raja batteries has formed an inverted head & shoulder (reversal pattern), with pretty decent volumes. Also RSI is above 60. Personally have gone long.
Long Amara Raja Batteries...High Probability SetupAmara Raja Batteries
Cmp - 639
Stop - 600
Expectation -
T1 - 800
T2 - 1000, Review at 1000
Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2
View:- Swing/Investment