AMARA RAJA BATTERI

NSE

AMARAJABAT

Analysed levels mentioned on chart...

Explained in Chart

Long if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...

One can wait for this last drop in the forecast area Can wait for completing the current correction on Minimum price % move Once price tags and reverse strong on daily , can look for Going long for Next move up Now i dont know where they will reverse , either 605 range or 645 range , Current move shows the momentum is drained , but for sure the price...

if you have position AMARAJABAT close the position with current position

Inside Bar Short below 640.50, SL PDH PDH = 651.15 If gap up or down, follow 5m ORB.

#AMARAJA BATTERY CASH 05 MAY 2019 LOOKS GOOD ABOVE 663.10 STOPLOSS 656 TGT 669.-670/676/684 CMP 658.50

#AMARAJA BATTERY CASH 21 APRIL 2019 SELLING ZONE 698-702 STOPLOSS 710 TGT 688/678/666 CMP 693

AMARAJA HAS TARGETS TOWARDS 685 / 670. FROM THERE IT SHOULD BOUNCE BACK TO 725 LEVELS TO BECOME BULLISH.

SELL

LEVELS ON CHART B = BUY ABOVE S = SELL BELOW T = TARGET BOOK 70% ON FIRST TARGET REST TRAIL

CHANNELS ARE MARKED AND STOCK BOUNCED FROM PROPER SUPPORT OF TRENDLINE AND CHANNEL BOTTOM. TARGET IS CHANNEL TOP.

1) Delivery volume of 2 fall days were very less 2) trading at resistance 3) 1hr rsi shows divergence 4) Tomorrow there can be knee jerk rxn due to IT raid 5) Despite ending ties with Johnson, there wont be any impact on business as tech has already been transferred 6) SL INR 672

Long if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...

Refer chart for level

For educational purpose. Levels and logic explained in the chart.

The stock on prologed bearish move has touched 2/1 support angle and bullishness is likely to return if 679 level is held in short term

Trade the breakout.