AMAL trade ideas
AMAL : BULLISH VIEWFresh Buy@CMP
TGT - 450 & 560
SL - 360
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON AMAL LTD.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
AMAL LTDSetup- Hovering at Support Zone Looking good on the chart Volume contraction seen
Keep in watch list can give 15 % to 20 % Return in Short Term
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
Amal Ltd: A perfect Cup w Handle formationAmal Ltd: A perfect Cup w Handle formation, can take an entry at 149.80 with a SL at 140.05 marked on the chart.
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor