Amber Enterprise LTD Analysis On 28 Feb 2024
Cup and Handle Pattern
Breakout After 2021
Try To Buy Above Breakout Support
add 50% quantity now
Buying Range 3600-3750
Stoploss 3200
Target 4000 - 4500 - 5000-
Cup & Handle range target 5400
The market is now in correction mode so add less quantity now
📈The Weekly Chart Analysis
Our journey begins with the weekly chart of $NSE:AMBER. From February 2021 to May 2022, a significant support area was tested multiple times. This area served as both a support and resistance at different times, indicating its importance.
In May 2022, this support area was sharply broken, leading to a quick price drop.
...
Script has given a Rounding Bottom Breakout.
Bullish with good volumes.
Has given ATH.
ADX and RSI is positive.
Good Fundamentals.
Mutual Fund holding has increased
One can enter the script keeping the overall market sentiment
in mind since this is a Small Cap sector.
An entry above 4280
with a PT - 6360 and SL - 3860
WCB
NSE:AMBER
✅ #AMBER trading above Resistance of 3780
✅ Next Resistance is at 4965
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Breakout from a CUP pattern.
Consolidation for a few weeks and breakout.
NEWS -
1.Jefferies Adjusts Amber Enterprises India's Price Target to INR3,990 From INR3,740, Keeps at Buy.
2. India's Amber Enterprises up after Franklin Templeton buys stake.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
AMBER :- The stock has given a breakout after 1 year, if the breakout sustains, we may see an upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas...
📈 Symbol: AMBER
📅 Timeframe: Daily
🎯 Entry: 2575
🎯 Targets: 3007,3406,3833
🛑 Stop-loss: Below 2444
Introduction:
Greetings traders! Today, we're presenting a compelling trading opportunity based on a Rounding Bottom pattern breakout. Our selected stock is AMBER, and we're aiming for impressive price targets at 3007,3406 and 3833. Let's dive into the details of...
an inverted head and shoulder pattern over an year has shown an break out. it can go up over an year . its a small cap consumer discretionary.price can reach 3500.
I am not semi registered . only for educational purpose.i am not responsible for any loss and profit
Amber Enterprises have breakout near 2591 on daily time frame, after breakout it got resistance at 2812, but after that open target till 4000.
(This is only for educational purpose)
NSE:AMBER
A complete analysis of Amber is explained on the chart.
Entry should be above - 2100 closing on daily Candle.
Stoploss - will be below Box low 1840.
Target are :- 2550/2780+
It shows multiple signals can start an Up-trend are:
1. Price at 4-year long support Trend line (Trend is intact from its life low)
2. Fib Retracement at 0.618 Significant...
On the #AMBER daily chart, 7 Point With Curve Line Breakout With Good Volume, please keep it on your watchlist. The reversal is also confirmed by the #Nifty/AMBER #Ratiochart.
BSE: 540902
NSE : AMBER
I compared #AMBER vs. the #Nifty and its peers from November 30, 2022, and discovered that it just started outperforming both the #Nifty and its peers in the...
