Risk 0.2% = 4000 Position size = 4000/43.02 = 93 Investment = 1774*93 = 164982
A long cup and handle formation, Breakout is already done with good volume.
looking good if can close abobe 1810 today for a target of 2330 and then 2600 in short time! keep on radar! Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
I am a novice learner and am trying to share some ideas and here I see that an impulse wave seems to be in progress and the corrective wave 4 is done and the movement should be upwards for wave 5. I am neither suggesting any levels nor timelines but expect a move equal to at least the wave 1
AMBER- Looks good, post breakout resting on previous resistance.
Please do like and share the idea in case you find it good and follow it for further updates on it for benefit of everyone. Also, please comment if you have any feedback. This idea by one right trade is only for study purpose and is not a trading call.
There is a gap formed in 1250 region. It may fill the gap in recent days. A support may take in that region and will start the uptrend.
Simple price action for investors who can accumulate amber enterprise for long term investment after probable bottom formation.
Tomorrow it should close above 1385 for any upmove there after.
SHORT TERM INVESTMENT PICK (2-4 Month): Price giving great sign for up-move. This is moving in a ASCENDING TRIANGLE pattern and breakout above this 870 with confirmation on few days probable with a pullback would be great entry. We can see 930/1030 on cards soon. 10% to 30% gain in few months.