Long
AMARA RAJA BATTRIES (BREAKOUT WITH VOLUMES)
#Stock : #Amara Raja Battries
#Chart Time Frame: #Daily
#Structure : #Breakout on #Daily and #Weekly basis with Decent #Volumes
On #Daily & #Weekly Time Frame the Stock has given a Good #Breakout with decent #Volumes at the #Bottom and has given a #Breakout of previous #Resistance at 551.20 with Gap Up open on 04-11-2022 which shows that the #Bulls have taken over the control from the #Bears.
So stock looks good for long as per the levels mentioned below:
CMP - 590.25 or BoD 540
Target 1 - 664
Target 2 - 764
Target 3 - 864 + +
SL - 479
Holding Time Frame - Short to Medium Term & Medium to Long Term
All charts & studies posted here are only for EDUCATIONAL PURPOSE
#Chart Time Frame: #Daily
#Structure : #Breakout on #Daily and #Weekly basis with Decent #Volumes
On #Daily & #Weekly Time Frame the Stock has given a Good #Breakout with decent #Volumes at the #Bottom and has given a #Breakout of previous #Resistance at 551.20 with Gap Up open on 04-11-2022 which shows that the #Bulls have taken over the control from the #Bears.
So stock looks good for long as per the levels mentioned below:
CMP - 590.25 or BoD 540
Target 1 - 664
Target 2 - 764
Target 3 - 864 + +
SL - 479
Holding Time Frame - Short to Medium Term & Medium to Long Term
All charts & studies posted here are only for EDUCATIONAL PURPOSE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.