A continuous downtrend looking like finally over...:)
levels mentioned in the chart
RAJA BABU MAKING BROADENING PATTERN IT HAS TOUCHED UPPER LINE SO TARGET IS NOW LOWER TREND LINE STOP LOSS IS UPPER LINE ON CLOSING BASIS ALSO EMA 100 IS GOOD RESISTANCE GOOD LUCK NOTE:TRADE AT YOUR OWN RISK
Amara Raja Batteries (Amarajabat) sustaining above 653 +, breakout possible.
amararaja battery can givea good trade opportunity thus should be kept in WATCHLIST for next week
AMARAJABAT is a buy on NSE (Only in Cash Market, Do not enter FNO). Enter at 755 Stop loss at 735 Target of 792
AMARAJABAT (Amara Raja Batteries Ltd) #BUY ABOVE 748.5
INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 13th) #SELL AMARAJABAT BELOW 756
Missed out the good break entry at the level of 747. But still having a late entry at 768- 770 and safe exit at 783 to 790, final target at 807. keep watch the SL at 750
Amaraja is in strong sideways for almost an year, and if it breaks down this support, can go for short. If it's not, along with bullish reversal candle or pattern, long is encouraged. With the target of 895 in 30 to 40days.
SWING TRADE IN AMARARAJA BATTERIES SEPTEMBER FUTURES BUY@786 STOP@774 TARGET@800 LOT:700 QTY:1 LOT: NOTE:RISK TO REWARD RATIO IS ALWAYS ADJUSTED TO MARKET VOLATILITY INDIA VIX IS TRADING HIGH WHICH SUGGEST SOME GOOD PREMIUM RETURNS IN OPTION MARKETS YOU CAN TRADE WHEREEVER YOU WANT
Buy abv 820.5 May test 831. SL- 820.5 and 812 15mins chart
Pls see the chart for target and stoploss. Indicators are slightly turns positive. Vijayaraghavan, Kovilpatti.
Amara Raja Batteries The stock is back at important support levels Short term trade idea is on the long side Levels are mentioned in the chart Take care & safe trading...!!! Previous coverage of Amara Raja Batteries Long At 690... the stock took some time to pick up... but when it did it did in style... Sold at 833 resistance... Levels...
Notes on the chart. Its a counter trend trade so the risk involved is anywhere between Moderate to High. Hit like, comment and follow. Trade safe, be healthy. Regards Bravetotrade