Isn't it good to keep some multibagger stocks in your portfolio?Positional Call:
AMBER ENTERPRISES INDIA LTD.
Buy: 3000-3100; if falls below 3000 add more at 2700-2800;
T: 3600++4000++
-Mohit Rajani
AMBER trade ideas
Swing Call_Amber Enterprises_20/02/2021Buy @ 3170 SL 3051 Target 3410
Time Period : 2 to 10 Trading Days
Key Points :
* Flag Formation
* Parallel Channel Breakout Expected
* Good volume
Amber Enterprises - LongThe stock seems to be on a positive trajectory moving within a parallel channel. It seems to be on a verge of breakout. Breakout is confirmed if it stays above the channel for 2 days on a closing basis.
Amber - Pull backAmber seems to be a stock which pushed out from a good base it recently made on huge volumes! Now it has presented a pull back on nimble volumes, the R:R appears to be lucrative at these levels!
AMBER - 4H TF - Cup & HandleCup & Handle pattern forming on 4H Chart of AMBER ENTERPRISES. BUY 2550, SL 2274.9, Target(s) - 2750, 2850. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
SYMMETRIC TRIANGLE, SWING TRADE, AMBERThe stock is in uptrend and was consolidating for long time and there by forming a symmetrical triangle. Breaking the high/the resistance zone can be the start for new creating new higher high.
Stop loss are placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my view
Amber enterprises showing false breakout?Amber enterprises showed a breakout yesterday and many buyers entered here because of the breakout
But do you know it's a false breakout?
lines reference:
dark blue-resistances
cyan blue-supports
yellow-both acting as support and resistance.
Guys please first like and comment :)
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Ok...Now I was telling that amber enterprises has shown a false breakout because:
1) the stock form Abandoned Baby bearish candlestick pattern which forms only on a false breakout and doesn't form on a true breakout.
2) the stock came in overbought zone.
3) Although the stock breaked all the resistances but the resistances are so strong that they are pulling the stock to the consolidation channel.
4) The stock also made a new resistance here after this false breakout.
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Alert for you guys :)
please do like and comment as I give you profitable Ideas :)
AMBER INT - Positional Trade : Showing good strength ( Go Long )Good price action, price above 50 and 200 EMA at Daily TF, a very good bullish engulfing candle. One can go long @ 2010 with SL as 1978, Target : 2400
Amber - Inverse Head and Shoulder patter#########Learning Purpose Only#########
In my analysis, Amber has formed a kind of inverted head and shoulder pattern and chance for a reverse trend is high looking at the RSI.
Target 2100+, however it is a growth stock from contract manufacturing segment which have potential to become multibagger.
trend analysis,inter-daybuy 1820
stop-loss 1819.95
target 1930
sell
1700
stop-loss 1708.85
target 1494
look like institution sold there position whenever the institution sold there position it will be a trend reversal, at the same time some accumulation also happens by another institution
Amber Enterprises ----- Huge Volume 5.708 M +stock can move either way
be cautious
follow the technical rules before entry
32.0 - Amber - Long ideaRisk 0.2% = 4000
Position size = 4000/43.02 = 93
Investment = 1774*93 = 164982
