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
LNA stand for Late night analysis
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👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and...
On the chart pattern of AMARAJABAT, we have found a breakout and retest of the falling wedge. The stock is trading near the support zone. Let it break the high of previous candle and you can make a long entry.
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.
