Amrutanjan - Intraday | Swing tradeAmrutanjan can be kept under the radar for a breakout trade above 735. Resistance has been tested multiple times.
AMRUTANJAN trade ideas
amrutanjan healthcare......................................
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amrutanjanamrutanjan healthcare
target 1100 by mid 2022
small cap moated company with capex plans enforcing reinvestment moat hence sales and roce are increasing
DOES THIS SMALL CAP FMCG HAS POTENTIAL?Amrutanjan has been a trusted brand and a century old brand in which customer has their trust, it is presently focusing in diversofying amd making it big in the FMCG sector, as far as the technicals consider, it is in its trendline support and is expected to give good returns from here on , targets and stoploss are mentioned through lines in the chart.
AMRUTANJAN HEALTHWith the setup , I believe it can touch the previous highs. MACD is on the verge of a crossover and the support has been taken from 50 MA. It is also travelling in a Channel.
Amrutanjan Cmp 701 dated 30.6.2021Amrutanjan Cmp 701 dated 30.6.2021
1. Rectangle consolidation with positive price
trend.
BUy for a tgt of 730-790 SL 670
It is just a view, pls trade at your own risk.
AMRUTANJAN Positional View !!!AMRUTANJAN : cmp : 605.15
A double bottom kind of pattern has been formed in daily chart.
On the verge of breakout.
Above 618 stock can move upto 710.
So good to grab on dips.
TGT 652/688/704
Sl 533 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
AMRUTANJAN HEALTH #SHORT TERM BULLISH VIEW#DEC15After testing multiple times upside supply zone ..now it take retracement with Fibonacci levels
Buy @above 530
Target @550&570
stoploss @ below 480
AMRUTANJAN HEALTHStrong weekly close with decent volumes. Price is attempting 520 strong resistance zone and has momentum. Can hit ATH 553 very soon, possibly Dec end or early January.
Indicators are positive and bullish.
AMRUTANJAN HEALTH #SHORT TERM BULLISH VIEW#After testing multiple times upside supply zone ..now it take retracement with Fibonacci levels
Buy @above 530
Target @550&570
stoploss @ below 480
AMRUTANJAN HEALTH - Trend is your FRIENDThe chart is self explanatory 😊
Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
AMRUTANJAN HEALTH - Symmetrical Traingle (Bilateral)Disclaimer : The opinions and analysis expressed herein are for informational and educational purposes only and should not be considered as individual investment advise or recommendations. I am not your financial advisor. Risk it for Biscuit.
