Price and Vol. Breakout From Major LevelsNSE:AMBER is Finally breaking out through Major Resistance on Daily Charts with Good Price and Volume Action currently in a rising channel, The Accumulation Zone is Critical. Further upside can be seen going forward. Keep in Watchlist.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Amberbuyoppertunity
Amber looking good for long positionsThere is Cup and handle pattern in Weekly and head and shoulder pattern in daily time frame(not a perfect patterns but can be consider ), looking good for long and one can enter above 4020 levels (should sustain above 4K level) with stoploss at around 3366 levels for the targets of 4600 then 5400 later further 5400 levels if trend continue.
-- This analysis is only for education purpose, please do your own analysis before trading or investing in a stock so you have have conviction to stay with the trade till you achieve your targets. do not invest more than 5 to 10% of your capital in a single stock.