Amarajabattery
AMARAJABATAMARAJABAT me inverted head and shoulders pattern banahu hai aur 200 EMA ko brack kre to hmm log swing trade leye ge aur 1000 first target leye ge
Amar Raja Battery Inverse H&S patternAmar Raja Battery forms Inverse H&S pattern and also has trendline BO. There is major resistance at 769 (200 EMA) Now today it was reverted from this levels so It confirm the Inverse H&S pattern with return move.
It can long near 740 add more if come 724 for target 800-820 soon
Amara Raja Battery best buy levelsAmar raja can be buy above 743 price level breakout or talking support on 717 price level.
Swing Setup EXPLANATION : This is a 4 hour time frame chart of AMARAJABAT . The stock has been in a healthy downtrend for months and has formed an Inverted head & shoulders pattern . The stock gave a strong breakout and broke its supply zone with volumes and has retest the same , I am bullish on AMARAJABAT . Best buying opportunity can be near the retest area .
AMAR RAJA BATTERIES: LongReverse head and shoulders pattern.
Buy at CMP 740
Target 1000+, Open for long term
SL 665
Vey good stock for long term. Keep adding
Time frame for 100 is 6 mo+
TREND REVERSAL PATTERN/ IS IT VALID???AMARAJABAT has a trend reversal pattern if its valid can expect target 🎯 790 to 800
support like and follow
AMARAJA BATTERY: TREND REVERSALAfter taking the support near 665 zone, stock is forming HH HL on shorter time frame which can be taken as first signal for short trend reversal . one should go long on cmp with SL of 740 & look for the tgt of 780/800 zone.
AmaraRaja Batteries [Swing trade :Long]The stock hovering near the support zone as well as the retest zone.
Has formed a convincing bullish candle.
The risk to reward is favourable here.
AMARAJABAT: Looks good for the swing trade.This stock makes a very good channel pattern. And importantly the retest was also completed, let's see how it will perform. We can look for a good risk-reward ratio here.
Amara raja battery....coming out of consolidationThe stock is coming out of its consolidation zone and we expect a upmove although not very fast. See charts for resistance zone and expected targets as the stock move up.The rising RSi is indiactive of a coming up move.
Amara Raja BatteryBuy At 632
Stop Loss 607(CLOSING BASIS)
HEY TRADERS,
THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD...
HOPE YOU ALL FIND SOME VALUE Here...SO, DON'T FORGET TO LIKE AND SHARE THIS POST. DON'T FORGET TO SUBSCRIBE.
COMMENTS WRITE DOWN BELOW OF THIS Chart...
THANK YOU...
~Disclaimer: "I Am Not Sebi Registered Advisor" All views and charts shared in this terminal are purely for knowledge and information purposes only.
Amararaja batteries Monthly Levels...26.08.2021 Amararaja batteries in Demand Zone...Risky Traders can buy..R:R is very Good
AMARAJABAT : Last buying opportunity!AMARA RAJA BATTERIES is looking for long opportunity to take the move to the upside, TG will reached at 1020
Amara Raja Batteries long opportunityNSE:AMARAJABAT
Hello People!!
Amara Raja batteries has been on my watchlist since the start of 2021. It gave a beautiful breakout in October 2020 and I was waiting for a retest. Finally, it is happening now.
We can also see that along with a retest of the trendline, it is also consolidating in a flag and pole pattern for quite some time now. The stock is already at decent support and also at 50% Fib level.
All these factors along with a good Risk to reward ratio contribute to it being a good long trade.
Personally, I wouldn't be jumping at these levels. I would wait till there is a strong candle close above 61.8% Fib level.
Would love to know your thoughts on this!!
*STRICTLY NOT A BUY CALL*
AMARAJABAT Bullish Trend AnalysisAMARAJABAT
1. minor resistance trend line breakout down
2.abcd harmonic pattern formed price movementum it is just take referance
3. last weekly strong buying pressure bullish senitiment
4. next mention target level
Amaraja bat good long candidateAmaraja bat spot cmp 725
Good bullish price action setup on hourly time frame,,,
Once breakout confirmed can be good long candidate
Amrajabattery: Watch out if it forms the pattern for long tradeHello Traders,
If This stock forms the pattern then I would go long for it with first target of 764 (where we have weekly resistance). If it comfortable moves above this will go long for a larger target.
In case it doesn't form the pattern and continues the slide below 705, then will immediately take a short position on this.
Stay tuned!
Happy Trading!
Amaraja Battery : Looks good for upside Hi Everybody,
Amaraja Battery looks good for a reversal from these levels
Closed on CMP 739.70
It is trading between a range of 757 - 730 since the last 15 trading sessions. Also, if one can see that the stock is in downtrend after htting the high of 1025.55 but no massive selling is coming as you can see that accumulation is gong around which clearly indicates that its the time for reversal for this stock.
Keeping 696 as stop loss where it completes its harmonic pattern one can enter the trade for good returns.
Trade Plan
-------------
CMP - 739.70
Entry : 720 - 750
Stop Loss : 696
Target 1 : 790
Target 2 : 815
Target 3 : 865
Risk : 33.95 points / 4.87%
Reward : 132.15 / 18.09%
R:R = 1: 3.71
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any trading decisions.
If you really like the analysis , please do comments, LIKE and Follow me
Thanks
Buy Amara RajaThere was a bad news and the stock fell.
RSI in hourly charts and daily charts is in the oversold zone.
680 hasn't been broken in months.
Risk to reward ratio looks amazing.
Can buy wit stop below 680 for positional trade.
Amara Raja at support? AMARAJABATAmara Raja Batteries has been falling since its high of 1025 in Jan 2021. It is currently at its historical crucial support level of 710.
Next support is at 640. I will short this stock if there is volume support when it breaks 710 and enter at 705 when 710 is retested as resistance. My target will be 640 with 730 as SL.
RSI also takes resistance at 60 indicating bearishness.
However, I see a trend reversal once the stock reaches 600 levels. I will still look out for a reversal pattern & RSI range shift to go long.
