An Inverted Head and Shoulders has formed in the stock chart in the small time frame. Recently there has also been a slight increase in volume.
Formed a head and shoulders pattern right on 200 days moving average. Broken the neckline. Approaching the neckline again for a retest. After retest, it can give a big downside or upside. Downside target 1 - 929 Downside target 2 - 905 If after retest buying starts and the stock moves up, then it can give Upside target 1 - 963 Upside target 2 - 970 * For...
Above 965 SL Closing below 875 Target 980-989-999 Above all important moving average taking continues support from 50 SMA good volume in last session waiting for BO candle with volume in SAME trade SL got hit due to downside spike
Above 965 SL Closing below 50 SMA Target 980-989-999 Above all important moving average taking continues support from 50 SMA good volume in last session waiting for BO candle with volume
Govt announces for opening of 69k charging point might hit market of electric vehicles and battery companies tommorw.as uk also going to adapt fully electric vehicles by 2030 so it would b very good time to invest in eletric vehicles and battery companies.tesla might enter in Indian markets .best time to invest
trendline watch a breakout or a give up like earlier
amararaja battery can givea good trade opportunity thus should be kept in WATCHLIST for next week
EXIDEIND 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
Sell Amara Raja battery around 800 Target price 775 Strictly positional basis target Trade as per risk appetite Happy Trading
Line 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.
Short AMARAJABAT at 700 T1: 655 T2: 630 T3: 615 SL: 742