ARE_M trade ideas
Amara Raja Energy for 60% gainsDate: 30 Oct’24
Symbol: ARE_M
Timeframe: Daily
Amara Raja Energy & Mobility seems to have begun Wave V of 3 which is heading towards 2150 (60% from current price of 1350) as seen in the chart. Once it has crossed 1450, its five waves can be established. Both volume pop out and RSI strength support this view.
This is not a trade recommendation. Please do your own analysis.
HINGLISH VERSION
Aisa prateet hota hai ki Amara Raja Energy & Mobility ne 3 ki Wave V shuroo kar di hai jo 2150 (vartamaan price se 1350 se 60%) ki taraf badh rahi hai, jaisa ki chart mein dekha gaya hai. Ek baar jab yah 1450 ko paar kar jae, to iski 5 Wave sthaapit ki ja sakti hain. Volume pop out aur RSI ki majbooti donon is drshtikon ka samarthan karte hain.
Yah koi trade lene ki salah nahin hai. Kripya apna vishleshan khud karen.
Ready To Break Resistance With High Momentum The stock has shown a strong bounce from the 50 EMA level, which acted as support around 1300. It is now approaching the 1450 level a significant resistance zone. A breakout above this level could see the stock target 1700, which would represent an 18% upside.
The volume has increased, indicating renewed interest, while the RSI is recovering from oversold territory, suggesting a potential shift in momentum. Traders should watch for a strong breakout above the 1450 level to confirm further bullish action.
Amara Raja ( ARE_M) - A Low Volume Pullback till 21 WEMAA MEDIUM TO LONG TERM BET.
Important levels to watch here. Pullback till 21 EMA on weekly basis. Closing around here would mean that supply getting absorbed & this should be ready for its upward journey.
- BESS Theme
- Sector has huge tailwind.
- Government & private capex both playing a huge role.
Approaching a strong support zoneAmaraja Battery CMP 1341.45
I has mentioned the 1770 zone to be a strong resistance. The stock is down 28% from its highs. In my view it should bottom at one of the fib confluence at 1270 or 1200. The volume has absolutely dried on this correction. Hence this correction is a welcome opportunity.
Good buy for ATH 22% SHORT TERM GAIN Good buy for ATH 22% SHORT TERM GAIN
Looking at good support level.
Fundamental is good.
EV theme intact.
Good level to accumulate.
Stock Ready to Blast NSE:ARE_M If you missed the rally of Exide industry then you can add this stock in your watchlist. After breakout we can expect huge upside movement in this stock.
amar raja battery stock analysisamar raja battery is a stock of auto battery sector. Whose market cap is 28266 cr...
Valuation ratio is expected to reach 2024-
Pe ratio-14.90
PB ratio -2.05
Now let's do technical analysis of the stock.
The stock's resistance level is 1700 p with all time high of 1775 and support level is 1500 p. Currently the stock is not going to go sideways in the long term.
amararaja parallel channel and fib levelmay consider at correction and refer fib retracement level
This analysis is my own idea.
I don't recommend taking trade based on this idea.
consult your SEBI registered adviser to Know the market risk before
in.tradingview.com
Buy Are_m for a target of 1800Buy Are_m for a target of 1800 in one month
Can be held for a target of 2100 in 6 months
Amara Raja Energy & Mobility Ltd - Breakout Setup, Move is ON...#ARE_M trading above Resistance of 1480
Next Resistance is at 2389
Support is at 970
Here is previous chart:
Chart is 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 is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Buy Amara Raja Energy for major upsideTake Entry at cmp 1300
Target 1605
Duration 1.2Year.
Next average at 1125Rs...Invest same amounta t 1125Rs
Huge breakout at monthly chart..
#ARE_M #NSE - PULLBACK REVERSALAMARA RAJA ENERGY MOB LTD
Gap-up and breakout.
Pullback to 10 EMA and reversal .
Daily Timeframe
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
AMARAJA BATTERY FORMING CUP AND HANDLEtHE STOCK has formed a cup and handle pattern and has the potential to reach lifetime high of 1049 moreover stock has been through an excellent quarter with robust sales and high level peformance short term target for the same will be the width of the cup which is 957
keep eyes on this one.The stock has given a multi-year breakout with significant volume. There is a good possibility that the stock may continue its rally if the company's results stand out. It can be a multibagger or a no-mover, but either way, one cannot ignore a potential opportunity.
Amaraja Battery - Long setupLong idea basis multiple confluence
1) Retraced back to 38.2 level of recent high
2) Hammer candle
3) Hammer candle closed about 50 ema
4) Cup and holder pattern.
Target would be the depth of the cup, which comes to 1350 - 1400
Note: Personal analysis for educational purpose.
MACD Crossover Swing Trade📊 Script: ARE_M
📊 Sector: Auto Ancillaries
📊 Industry: Auto Ancillaries
⏱️ C.M.P 📑💰- 1401
🟢 Target 🎯🏆 - 1555
⚠️ Stoploss ☠️🚫 - 1308
📊 Script: IRB
📊 Sector: Infrastructure Developers & Operators
📊 Industry: Construction
⏱️ C.M.P 📑💰- 76
🟢 Target 🎯🏆 - 85
⚠️ Stoploss ☠️🚫 - 72
📊 Script: RAYMOND
📊 Sector: Textiles
📊 Industry: Textiles - Products
⏱️ C.M.P 📑💰- 2471
🟢 Target 🎯🏆 - 2653
⚠️ Stoploss ☠️🚫 - 2395
📊 Script: JUBLPHARMA
📊 Sector: Pharmaceuticals
📊 Industry: Pharmaceuticals - Indian - Bulk Drugs
⏱️ C.M.P 📑💰- 757
🟢 Target 🎯🏆 - 817
⚠️ Stoploss ☠️🚫 - 731
📊 Script: NATCOPHARM
📊 Sector: Pharmaceuticals
📊 Industry: Pharmaceuticals - Indian - Bulk Drugs
⏱️ C.M.P 📑💰- 1082
🟢 Target 🎯🏆 - 1161
⚠️ Stoploss ☠️🚫 - 1040
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Good recoveryAtter price has broken ATH level then consolidated for some times again after election it has broken ATH.
After taking a dip of 30 % before election then after result the stock has gained nearly 45% in just 3 days, that must indicated something about it.
If the price breaks the current candle high after some consolidation it will be good setup.
NOTE: I do my analysis do your before trade
ARE_M THE STOCK HAS BEEN BREKOUT As per breckout we can take entry and the stock very good we can tak entry with stop loss %5
ARE&BHi this has been Brekout now it will go up side as I am predicting now we have see what will be give the return
AMARA RAJA ENERGY & MOBILITY - Swing Trade Analysis - 9th March AMARA RAJA ENERGY & MOBILITY (1D TF) - Swing Trade Analysis given on 9th March, 2024
Pattern: FALLING WEDGE BREAKOUT
- Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
#amararaja
Weekly breakout filter on stockedge analysis on 2h time filter On the stock edge weekly breakout analysis , price has given a breakout.
2H time frame study shows price has reached the trendline, and getting rejected from there.
We should take trade as per breakout of last candle
