Amara Raja Energy for 60% gainsDate: 30 Oct’24
Symbol: ARE_M
Timeframe: Daily
Amara Raja Energy & Mobility seems to have begun Wave V of 3 which is heading towards 2150 (60% from current price of 1350) as seen in the chart. Once it has crossed 1450, its five waves can be established. Both volume pop out and RSI strength support this view.
This is not a trade recommendation. Please do your own analysis.
HINGLISH VERSION
Aisa prateet hota hai ki Amara Raja Energy & Mobility ne 3 ki Wave V shuroo kar di hai jo 2150 (vartamaan price se 1350 se 60%) ki taraf badh rahi hai, jaisa ki chart mein dekha gaya hai. Ek baar jab yah 1450 ko paar kar jae, to iski 5 Wave sthaapit ki ja sakti hain. Volume pop out aur RSI ki majbooti donon is drshtikon ka samarthan karte hain.
Yah koi trade lene ki salah nahin hai. Kripya apna vishleshan khud karen.
Amarajabatterylong
AMARAJABAT: Likely to form a Cup & Handle PatternAmara Raja Battery is likely to form a Cup & Handle Pattern.
Wait for breakout from 710 level.
#Current Price - 645
#Expected Target - 970
#Resistance Based Targets
- Target 1 - 790
- Target 2 - 880
- Target 3 - 970
#Support Based Targets (Can be used as Stoploss)
- Target 1 - 671
- Target 2 - 608
Pattern is forming on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
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AMARAJABAT LOOKS A GOOD BUY | RISK REWARD 1:3Amaraja Batteries looking good to buy at current levels for good risk reward.
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Happy Trading!
InvestPro India Team
AMARA RAJA BATTERIES LTD - POSITIONAL BUY ABOVE 520AMARA RAJA BATTERIES LTD - POSITIONAL
BUY ABOVE 520 STOP LOSS 479
TARGET 534, 551, 584
Posting for Educational purpose only
Closing Basis means stock need to trade above 520 between 3:25 ~ 3.30 PM (Daily candle close > 520)
If my analysis appears OK then please LIKE, FOLLOW and SHARE
Double Bottom or W pattern BreakoutAs clearly seen on the Chart. NSE:AMARAJABAT has crossed neckline of W pattern or you can say double bottom pattern. If it give positive closing today above neckline. then we can go long, All the targets are mentioned in the chart.
Note : For Educational Purpose only.
Amara Raja Batteries Swing BUY Hi,
This is the Daily chart of Amara Raja Batteries.
The price has given a breakout after a pull back.
Entry:
Above 546
Reason for entry :
Weekly chart good Market Structure
Has taken a pullback and given BO
Stoploss
Below the BO Candle or below the Swing low
Targets:
580,
640
Amara Raja Batteries Ltd(AMAR) breakout Amara Raja Batteries Ltd (AMAR) strong breakout @ daily time frame.
NEWS:Next Big Bet: Battery Maker Rallies 4%, Clears Hurdle for Next Move!
Amara Raja Batteries strong breakout with volume break out and momentum created in day chart.
Amara Raja Batteries breakout for long. so strong upside are coming. BUY above 541
NEXT TARGET 553,565,590. Time to go for long, get ready to catch the profit. Thank you.
AMARARAJA - Short Term PickNSE:AMARAJABAT
Short Term Pick :
This stock has underperformed index in last couple of years and technically it looks that it has made a bottom in last 2 months of consolidation. Upper side Targets are close to 650 levels in 1-2 months
Do Comment , share and "LIKE" if you find this info valuable to use .
Attached below few Related Ideas posted under my profile in recent time.
Happy Hunting ,
Chintamani
Disclaimer.
I am not SEBI registered analyst.
My studies are for educational & General purpose only.
Please Consult your financial advisor if you have plans of trading or investing.
You yourself hold sole responsibility of profits and your losses arising of above shared info
Amaraja AnalysisI will be Bullish once 474 crossed & sustained in 30 min time frame.
491 immediate resistance.
AMARA RAJA LOOKING GOODAmara Raja Battery looking good buy above 582 for the upper marked targets on the chart.
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Happy Trading!
InvestPro India Team
amaraja Battery looking good positionally Falling wedge pattern is being observed on chart , breaking the line result in breakout
AmararajaOnly take position on above 1:5 RR ratio
-----------------------------------------------------
Current Price : 600
Take position at : breakout the triangle setup
Max Target 70% ROI
Stop loss according your Psychology
RRR 1:12
Time period : 1 year
Amar Raja Battery AnalysisLooks 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
AMARARAJABAT LONGAMARARAJABAT LONG
Move after retracement.
Target 1 - 669
Target 2 - 697
Target 3 - 738
AMARA RAJA LOOKING GOOD TO BUYAmara Raja has given the breakout from the falling trending line and looking good to buy around 625 - 630 zone for upper marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Long Amara Raja Batteries...High Probability SetupAmara Raja Batteries
Cmp - 639
Stop - 600
Expectation -
T1 - 800
T2 - 1000, Review at 1000
Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2
View:- Swing/Investment
Amar Raja Batteries - Long term potentialChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AMARA RAJA BATTERIES ANALYSISTRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
BUY IDEA .Bullish RSI DivergencePOSITIONAL INVESTMENT PICK.....
Bullish RSI Divergence
Amara raja battery..cmp 620......buy 585 to 620 ....targets-665,714,785,,,,,SL- NO NEED OR 536
take the position at your own risk,,this is my educational view to analyse my analsysis.
amaraja bat reference only!green blue support resistance ,key lvl
this company have planned next eco battery project for vehicles
falling wedge pattern identified 4h chart
good l
index
market still downtrend and support reached
wait for entry confirm it ,after buy!?
this is reference only . index is very bad
AMAR RAJA BATTERYi have mentioned everything on chart, you can also ask me in comments if you have any questions
Thanks
AMARAJABAT - May Bottom Out SoonAMARAJABAT 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+
Amarajabat - Last ten years of AmarajabatThis is a long term Investment Idea using the Buy Only indicator.
Amararaja has given a multifold return over the years. They make batteries - its future seems to be bright!
In Feb '2011
Rs . 1,000 invested in this trade would've
possibly have become 21,459.65
by the end of this trade in about 4.5 yrs
Bank FD would double (with bank rates in 2011)
in 5 to 7 yrs. This is 21x returns in 4.5 yrs.
That is why investing is great way to build wealth!
*no dividends, bonus, etc taken into consideration
*Never put all your eggs in the same basket! Typically should diversify investments to absorb shocks*
#Amarajabat #Investments #Dividends #NSE #BSE #LongTerm #GoldenStocks
DM me to let me know if you want me see more investment ideas to be published