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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Amarajabattterylong
Amaraja AnalysisI will be Bullish once 474 crossed & sustained in 30 min time frame.
491 immediate resistance.
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+
Amara Raja - Positional Trade - Long Idea - Target 800 (Bounce)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 crashes or sees sharp correction, more position can be added and average price can be brought down further. This is purely an individual call and should be taken based on individual risk profile.
Please trade and Invest based on your risk profile and knowledge.
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
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***************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 moving average crossover in mind while making entry or booking profit.
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MY SCORE
Total Calls = 05
Target Achieved = 02
Stop-loss Hit = 01
Live Calls = 02
Bullish Bat in AMARAJABATBullish 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.
Amar Raja Batteries Looking BullishAmar Raja Batteries looking good for a breakout from trendline!
Momentum Indicators also giving a bullish signal
Amaraja Battery - Bullish Flag pattern breakoutNote: This is for educational purpose only.
There seems to be a bullish flag pattern breakout with good volume. The breakout volume is more than last ~20 days. There seems to be a bullish breakout in RSI as well. RSI above 60 indicates bullish momentum.
AMARAJABAT : Trade SetupNSE:AMARAJABAT
Hi Traders,
AMARAJABAT bounced back from its support zone, this momentum can be continue.
Entry and target level on chart.
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* This analysis is educational/learning purpose only.
* Trade at your own risk.
Trade well,
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