AMARAJABATTERI trade setup using patterns and price actionamararaja battery can givea good trade opportunity thus should be kept in WATCHLIST for next week
Battery
EXIDEIND: Buy @ 271.8 SL @ 265.7 TGT @ 281.45EXIDEIND has traded with more then twice the average quantity on NSE with change in OI close to 18%
This is currently trading above ichimoku with price crossing upper Bullinger band.
Signifies a BUY at 271.8 with Stop-loss of 265.7 and Target of 281.45
AMARA RAJA BATTERY SHORTSell Amara Raja battery around 800
Target price 775
Strictly positional basis target
Trade as per risk appetite
Happy Trading
Amaraja view from Monthly chartLine 1- 1032; Line 2 :832
Double top formation and breakout done at 832 last month.
Target: 628-642 (1032-832=200).
If it is going up on coming weeks, use for short for the target range.
