Exideind | All Resistance Trendline Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Target
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Amarajabattery
Amara Raja Energy for 60% gainsDate: 30 Oct’24
Symbol: ARE_M
Timeframe: Daily
Amara Raja Energy & Mobility seems to have begun Wave V of 3 which is heading towards 2150 (60% from current price of 1350) as seen in the chart. Once it has crossed 1450, its five waves can be established. Both volume pop out and RSI strength support this view.
This is not a trade recommendation. Please do your own analysis.
HINGLISH VERSION
Aisa prateet hota hai ki Amara Raja Energy & Mobility ne 3 ki Wave V shuroo kar di hai jo 2150 (vartamaan price se 1350 se 60%) ki taraf badh rahi hai, jaisa ki chart mein dekha gaya hai. Ek baar jab yah 1450 ko paar kar jae, to iski 5 Wave sthaapit ki ja sakti hain. Volume pop out aur RSI ki majbooti donon is drshtikon ka samarthan karte hain.
Yah koi trade lene ki salah nahin hai. Kripya apna vishleshan khud karen.
AMARAJABAT: Likely to form a Cup & Handle PatternAmara Raja Battery is likely to form a Cup & Handle Pattern.
Wait for breakout from 710 level.
#Current Price - 645
#Expected Target - 970
#Resistance Based Targets
- Target 1 - 790
- Target 2 - 880
- Target 3 - 970
#Support Based Targets (Can be used as Stoploss)
- Target 1 - 671
- Target 2 - 608
Pattern is forming on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Please give a Like if you like.
Amara Raja Energy & Mobility (ARE_M) : Swing Trade#ARE_M #patterntrading #breakouttrading #momentumstock #swingtrade
Amara Raja Energy & Mobility : Swing Trade
>> Inverse H&S pattern Visible
>> Good Strength & Volumes picking up
>> Momentum stock : U may see sudden spurts of Volume
>>Risky Trade, Book Profits timely
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Amarraja to take long entryA very high probability that the stock will take support from the trend line. On a bullish candle, a long entry can be taken. All import levels have been marked on the charts. This is for your educational purpose only.
just an idea on amaron. i will publish a detailed view on coming days .
This is not analysed in a detailed manner's.
if anybody wish to accumulate in slow manners it can be done.
I'm just sharing a small piece of view for a Long side.
a Detailed view will be published soon.
AMARAJA BATTERIES :HAR GHAR ME AMARON , HEAT HEAT ALL AROUNDAmara Raja Batteries Limited is an India-based manufacturer of lead-acid storage batteries for industrial and automotive applications in the Indian battery industry.
The stock has shown Descending Triangle Breakout today. Breakout in Volume and RSI is also seen. However, to make long term hold position, retesting of the support at 600.10 is recommended. If the stock successfully retested the support , enter the trade at support for Primary Target of 668.75 , thereafter trailing the stock would be the best strategy.
This study is only for education purpose. Kindly research before investing at your risk,
All the Best !!!
#AmarRaja Battery Analysis Stock is near to BO level, good volume spike with price movement seen, follow chart for proper support and resistance levels.
AMARAJABAT LOOKS A GOOD BUY | RISK REWARD 1:3Amaraja Batteries looking good to buy at current levels for good risk reward.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Can we seek upside from here ?Hello Everyone, Happy New Year to you one and all here and as you can see here how this rounding bottom when ended took support of the previous gap and tried to push itself up also have you found it before me or not tell me in the comments and make sure to follow and like bye
AMARA RAJA BATTERIES LTD - POSITIONAL BUY ABOVE 520AMARA RAJA BATTERIES LTD - POSITIONAL
BUY ABOVE 520 STOP LOSS 479
TARGET 534, 551, 584
Posting for Educational purpose only
Closing Basis means stock need to trade above 520 between 3:25 ~ 3.30 PM (Daily candle close > 520)
If my analysis appears OK then please LIKE, FOLLOW and SHARE
Double Bottom or W pattern BreakoutAs clearly seen on the Chart. NSE:AMARAJABAT has crossed neckline of W pattern or you can say double bottom pattern. If it give positive closing today above neckline. then we can go long, All the targets are mentioned in the chart.
Note : For Educational Purpose only.
Amara Raja formed a bottom and now a very good BO#AmaraRaja CMP 574 formed a bottom and now a very good BO after good consolidation.
Today on fire. Can be added on every dip or at current level.
hold for midterm for very good upside.
AMARAJABATCMP: 547
- Inverse Head & Shoulders pattern breakout after a decent basing
- Trading sideways after the breakout
Amara Raja Batteries Swing BUY Hi,
This is the Daily chart of Amara Raja Batteries.
The price has given a breakout after a pull back.
Entry:
Above 546
Reason for entry :
Weekly chart good Market Structure
Has taken a pullback and given BO
Stoploss
Below the BO Candle or below the Swing low
Targets:
580,
640
Flag Pattern breakout in AMARAJABATBefore taking any trade I always analyze the trend, price, volume, and how the relative strength is performing compared to other stocks in that sector.
Here are a few observations that we can make from the AMARAJABAT chart:
Flag Pattern upside breakout(bullish)
The stock broke a long trend line and consolidated for a month.
It has given a range breakout with 2x avg volume.
The stock has been retraced and weak hands have been removed.
The stock Relative strength is trending towards highs.
Entry - 540
Stoploss - 497
Target 1 - 575
Target 2 - 640
I hope this helps more in your stock analysis.
Thank you
Saurabh
AMAR RAJA Batteries if sustains ABOVE 532 can reach 600 The chart says it all, after coming out of long parallel channel consolidation the stock looks ready to roar!! NSE:AMARAJABAT
Amara Raja Batteries Ltd(AMAR) breakout Amara Raja Batteries Ltd (AMAR) strong breakout @ daily time frame.
NEWS:Next Big Bet: Battery Maker Rallies 4%, Clears Hurdle for Next Move!
Amara Raja Batteries strong breakout with volume break out and momentum created in day chart.
Amara Raja Batteries breakout for long. so strong upside are coming. BUY above 541
NEXT TARGET 553,565,590. Time to go for long, get ready to catch the profit. Thank you.
Amara Raja Batteries - Bullish MomentumTrend Line Break
First Higher Low Made
Extremely High Volume Breakout
Expect a small consolidation or pullback
Wait for Confirmation and a followup
Sl anywhere below 490
Entry near 515-525
1st Tgt 580
2nd Tgt 665
R:R Good
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
Do Comment , share and "LIKE" if you find this info valuable to use .
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
AMARRAJABAT|Long|05% to 14% TargetEnter if candle closes above level of 506.
Target 1 = 535
Target 2 = 575
Stoploss = 484
---- stay tuned for any change/regular update on trade.-----