The stock is trading in a narrow range of 25 points 755 - 730, good move is expected once this range is broken either side. To motivate me, Please like the idea If you agree with the analysis. Happy Trading!
Hi Traders, You know what to do just follow and trust the process. Regards, Abhishek
Keep this stock in your watchlist. Will share the analysis if there is some opportunity. (for educational purpose only)
Major correction is coming in amararaja after big fall ! As everyone know batteries gonna shine in few years! Also If you open screener you can see D%(delivery) is increasing day by day! as you can see RSI is showing bullish divergence! This is only for educational purposes . Do your research before investing
Amara Raja batteri is in its base of channel pattern and expected for reversal, so give an entry with appropriate Stop loss 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after...
AMARAJABAT formed down channel wait until break down
AMARA RAJA BATTERI @ Make or Break & Trend Based Fib Extension Negative: BEARISH ENGLUFING PATTERN formed in 4hr Candle /Daily candle , If immediate support fails downtrend may be seen with next support 712 followed by 723. Positive: 766 is immediate support and Board meeting - Results on 22 May 2021, Upper side Targets : 826 ,863, 892, 922 Note: This...
***************IDEA NUMBER = 05******************** Stock has shown downside movement and taken support at current range, which shows that strong hands are entering and weak hands are going. So it's a stock which can give 30-40% returns in medium term horizon. It's not a overnight stock, it's a portfolio stock. Targets are mentioned in the chart. NOTE: Keep...
✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ ✺--------------------LOGIC of the trade----------------------------- ✺ ✣The Green area is the weekly support zone ✣The blue trendlines depict resistance lines and support lines of a broadening pattern for downwards ✣The yellow lines show a parallel channel in making ✺----------------------- Plan...
AMARARAJA BATTERIES might break the current descending channel and breakout to go high in the coming days.
Go long @ CMP T1 = 1100 T2 = 1200
The stock soon expected to break the wedge on the upside and we may see levels marked with a blue line in the next few sessions until 690 is intact on the downside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Amara Raja batteries is in a downtrend since late February. It has a major support at around 720 levels and MACD also suggests about a big move coming. If this stock takes support at 720 levels and bulls take charge we can expect a potential uptrend. Govts PLI scheme for ACC batteries can also turn favourable.
Amara Raja Batteries Ltd looks bullish technically on Monthly timeframe. Analysis is price action based. It gave breakout in Oct on this TF. And for the past few month it is coming back to previous resistance line. Now this month is forming green candle and may start moving upwards. From the recent low to high I see support above 0.5 fibo level which...
Bullish Bat visible in Amara Raja Batteries: Entry can be taken at the current market price- 733 Important levels for targets: 1. 775 2. 820 3. 860 4. 900 5. 950 6. 1025++ Stop Loss can be kept at 700. Note: Post only for education purposes.
I hope you can now see how Amarajbat 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...
We can plan 1:2 R:R trade based on daily demand zone on AMARAJABAT. DDZ- Daily demand zone at 749 price zone