Short
Short trade on Amararaja Batteries
Trigger for this trade
Stock is in range on 4hour time frame. Reversal in progress. Break of channel
Trade strategy =
When RSI on 1 hour time below 50 and retested near term resistance level at 752. Candles should be below 10 EMA and close to 50 EMA support.
Trade on lower time frame - 15mins ,
Targets = T1 - 740, T2 - 730, T3 = 719.
Time frame -3-4 days
Stock is in range on 4hour time frame. Reversal in progress. Break of channel
Trade strategy =
When RSI on 1 hour time below 50 and retested near term resistance level at 752. Candles should be below 10 EMA and close to 50 EMA support.
Trade on lower time frame - 15mins ,
Targets = T1 - 740, T2 - 730, T3 = 719.
Time frame -3-4 days
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.