AMARAJABAT although one of the leading battery company and a big boost for EV industry is downtrending for long time, it is now its 52 weeks low and is expected to bounce back. however the good news and bad news is hammer is formed and last day candle is bearish engulfing, that could means either the price will move at full speed or it will move to the bottom...
I hope you can now see how AMARAJABAT represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
Amara raja batteries seems to be forming a head and shoulder pattern near to the support zone . one can go long if it breaks with the volume and following high breakout.
after the long bear run amraraja batteries is in the golden area of support time to go long on amarrajabatteries.
i have mentioned everything on chart, you can also ask me in comments if you have any questions Thanks
AMARAJABAT has been falling since Jan 2021 Stock may find support and can make short term base near 600 AMARAJBAT Buy-Above 600 Sl-580 T- 680 710 750+
AmaraRaja Battery tradingwithin falling wedges look out for the Breakout Levels As I always recommend Our Entry and Exit levels are our Targets and also linear and pattern line levels are support & resistance kindly use them as Entry & Exit Level AmaraRaja Battery Levels for 01/11/2021 to 05/11/2021 buy above 685 TGT-1 689 TGT-2 693 TGT-3 699 TGT-4 706 TGT-5 720...
Unusual pullback after a long term downtrend in stock indicating weakness in present trend. Momentum of counter trend pullback is stronger than usual with MACD making fresh high since the last 9 months period. Price is also trading in a Channel right now and bounce from lower levels is visible here. A long trade can be made here with strict "stoploss" of 678 or...
HEAD AND SHOULDER PATTERN BREAKOUT and RETEST with quite good VOLUME can be seen in AMARA RAJA BATTERIES. Price rejection from the lower levels/RETEST/PULLBACK ZONE can also be seen in 1 DAY timeframe chart. Continuation of Higher Highs and Higher Lows formation can also be seen in chart. Would suggest to go long at CMP for the target of 813.80 with the strict...
Amara Raja Batteries - Positional Trade Idea - Buy Setup - Price Bouncing back from Support Zones & making a Higher high first time after being in downtrend Entry - 740 - 770 Buy Zone Target Price 1 - 800, Once crossed 840 can be seen as next achievable target (Target 2). Stoploss - Prices below 695 Ideally this is an investment idea and in case market...
Profit making in AMAR RAJA in 8 days buy ce 1 lot 720 @5 sell ce1 lot @ 750@ 6 diff=1 lot=1000 rs. 3 lot =3000 Rs. margin only 3lac loss karke batao open for discussion mcpriceaction available everywhere for help
AMARAJABAT 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 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
Amar raja can be buy above 743 price level breakout or talking support on 717 price level.
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 .
PA - Trend Reversal from Bottom BB - Breakout RSI > 60 MACD Buy in Daily & Weekly
Reverse 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+