AMARAJABAT: RIDE THE EV BOOMAmara Raja Batteries Limited, India's largest automotive batteries manufacturer, supplies automotive batteries to Aftermarket, top Original Equipment Manufacturers (OEM), Private Labeling and Exports to over 32 countries globally.
BUY @CMP FOR A TARGET OF 1021.
HORIZON: 16W
AMARAJABAT
AMARAJA BATTERY LOOKS A BUY !AMARAJA BATTERY LOOKS A BUY NEAR 773-778 WITH STOP LOSS BELOW 755 FOR TGT 1 : 816 TGT 2 : 853 TGT 3 :883.
Try to book on a risk reward of 1:2 and don't wait for the exact targets as market is very uncertain.This post is for educational purpose only.
Disclaimer post: We are not sebi registered analyst, plz do your own analysis before investing. we are not responsible for any of your losses
BuyBuy in every 5% dip with sl below 635 for target of 1600
Disc : it's not an investment advice to buy or sell
Amar Raja Batteries - CMP: 803The stock has taken support at Demand Zone and moved ahead. It has also given Sloping Channel breakout on the daily chart. The increased delivery volume also indicating a positive move. We can expect Price movement till 860 in the near term. Also, it is likely to retrace up to 885 to 920 in the mid-term.
AMARAJ BAT. EQUITY levels ...14/05/2021 (D candle)😊AMARAJ BAT. EQUITY levels ...14/05/2021 (D candle)
AmarajaBat BO to down trendAmarajaBat BO to down trend
can add 800-805
SL 780
T 825, 840,865, 900
RSI showing higher lows
AMARA RAJA BATTERIES_KEEP IT IN YOUR WATCHLISTAMARA RAJA BATTERIES looks good on chart. It seems it be in an accumulation phase. As soon as it breaks the trendline, can start moving upside.
Lets see how it performs, but keep this in your watchlist.
(for educational purpose)
Amarajabat 3 months of fall - will raisePrice continuously falling from the high for the last 3 months. The big fall made the price to form a descending channel pattern and it is getting ready to break.
Amaraja BatteriesAmaraja - Cmp 813
Keep Amaraja on your radar for closing above 813. Can go long once closing above 813 with sl 765 on closing basis. Will share the targets later.
BuyKeep buying in very dip with stop below 635 ( daily closing) for target of 1700+
Disc : It's not an investment advice to buy or sell
AMARAJABATITS ON GOOD SUPPORT. DUE TO EV VESICLES IT HAS HIGH PROBABILITY TO TAKE THE MOVE ON UP SIDE
Amarajata Battery | Weak Below 810I shared the Sell idea on Amaraja around 970 and we booked around 60 points in that Trade.
Now Sell if sustains below 810 for the marked targets.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
AMARAJABAT, Short as Neckline/Trendline broken decisivelyAMARAJABAT, Short as Neckline/Trendline broken decisively
AMARA RAJA BATTERIES Trading SetupAfter the initial uptrend, now have been in a correction for quite some time, possible continuation of the main trend.
Amar Raja Batteries Looking BullishAmar Raja Batteries looking good for a breakout from trendline!
Momentum Indicators also giving a bullish signal
#Amarajabat bullishBullish for mentioned three targets above.
Don't forget to give a like and comment.
Regards
AMARAJABAT SHORT• Head and Sholders pattern formed.
• Neckline is broken.
• Restest is done.
• 200 Day Exponential Moving Average is major support.
* Educational Purpose Only *
NSE:AMARAJABAT
AMARARAJA BATTERY trading levels for the daywatch it for short term and intraday
levels mentioned in the chart
Also u can go with a short entry ,with the target of 1000+
period 1-2 months
study then invest.
