enter @3000-20 range sl below 2970(risk 60 point)🙏 trgt 3150-3270-3400+ long 3700-4000++ 🧩fundamentally strong stock. 🧩chart looks good.small risk high benefit trade. 🧩the stock is in a good support zone 🧩weekly chart.chance to continue its trend.👇 study then invest🙏
#Amber keep on watch, may take support. Avg Volume increasing. ACCUMULATION GOING ON. Symmetrical Triangle. Lets See.
AMBER is currently trading in channel and recently made a higher low, so we will try to trade for the higher high by initiating a long trade above @ 2829.1 with StopLoss below @ 2683.5
In the Daily chart, Amber shows a quick reversal that can boost it towards its Resistance at 3000. With Proper SL one can long till resistance or if it breaks the Trend Line one can hold the share with Trailing SL. On the RSI front, this is in the Oversold zone which confirms the reversal.
Amber trading in tight ascending channel. Showing lot of strength after taking support from the lower end of the channel. Long entry can be considered for target upto the upper band of the channel. Keep on eye on the overall market sentiments too.
Watch out for trendline breakout. Long above 3250