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.
With 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 30.6.2021 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.
Clear Breakout in Amrutanjan. One can trade now or on retest of breakout.
For Educational purpose Not for trade Details On Chart Weekly Break Out
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.
The stock looks good above 537.5 levels
The stock is making a rounding bottom and looks good above 518 level.
After testing multiple times upside supply zone ..now it take retracement with Fibonacci levels Buy @above 530 Target @550&570 stoploss @ below 480
NSE:AMRUTANJAN ...Breakout after year 2019....Looking bullish
Strong 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.
After testing multiple times upside supply zone ..now it take retracement with Fibonacci levels Buy @above 530 Target @550&570 stoploss @ below 480
The 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.
Who else is buying? NOT A RECOMMENDATION.