Amber Enterprises India Ltd Chart AnalysisAmber Enterprises is trading near it's long time consolidation breakout zone
Strong Uptrend seen on weekly chart
we can consider this stock above 3800 with sl of 3650 and for target of 4150
AMBER trade ideas
Amber Enterprises, Bullish, Kindly do your own studyThis stock is ready for big move.
Monthly price has challenged upper BB
Monthly MACD PCO state and above zero line
Monthly RSI is above 60
Weekly Price has taken support of bollinger band median
Weekly RSI has turned from 60 level
Daily price is near breakout level and ABCDE correction seems to be over.
Daily MACD has given PCO above zero line
Daily RSI is near 60.
Amber Teady to Fly #SuperchartzKey Levels:
Support: 2350
Resistance:3150
This stock is getting ready after a very long consolidation:
1. **The Calm Before the Storm:** A long consolidation period represents a period of stability and indecision in the market. Investors and traders eagerly wait for this phase to end as it signals an imminent and potentially explosive price movement.
2. **Building Anticipation:** The longer the consolidation, the higher the anticipation builds. It's like a coiled spring ready to unleash its energy, creating excitement and interest among market participants.
3. **Potential for High Profits:** Breakouts from long consolidations can lead to significant price swings. Traders who time their entry correctly have the opportunity to capitalize on these substantial moves and potentially make attractive profits.
4. **Spotting Market Sentiment Shifts:** A stock getting ready after a prolonged consolidation often indicates a change in market sentiment. Identifying this shift early can provide a competitive advantage in the market.
5. **Technical Analysis Validation:** Chart patterns, such as consolidations, are a fundamental aspect of technical analysis. Successfully recognizing and trading these patterns can boost an investor's confidence in their trading strategy.
6. **Opportunity for Positioning:** Traders can position themselves ahead of the potential breakout, preparing for potential gains in the upward direction or mitigating risk if the stock breaks down.
7. **Market Watchers' Attention:** Long consolidations draw attention from investors, analysts, and financial media. The stock becomes a focal point of discussions, adding to its allure.
8. **Volatility Surge:** Breakouts from consolidations are often accompanied by an increase in trading volume and volatility, creating an exciting and dynamic trading environment.
9. **Confirmation of Trend Reversals:** For investors looking for signs of a trend reversal, a breakout from a prolonged consolidation can serve as a strong indication that the stock's direction is changing.
10. **A Game of Patience and Precision:** Successfully trading breakouts requires patience, timing, and precision. Mastering this skill can elevate one's trading prowess and potentially lead to lucrative opportunities.
Remember that while these points highlight the attractiveness of trading breakouts, they also come with risks. Trading involves potential losses, and it's crucial to approach the market with caution, using proper risk management and analysis to make informed decisions.
Long For A Weeks Go Long In Amber Enterprises For Min. 10%
Amber Enterprises Is Taking Support at 50 SMA also RSI Crossing 60 Level Soon
Over All Trend of Stock Is Bullish So Go with Flow....
💥Amber Enterprise💥-Nice Breakout💥Amber Enterprise💥-Nice Breakout
Capital to be deployed- 20k
Investing Price -3100-3110
Breakout Price-3088
Stoploss-2588
Targets-4116-5311-6500
RT for max reach
#Amber #StocksToBuy #stocks #StocksToTrade #StocksInFocus #stockstowatch #StocksInNews
Amber share elliot wave analysis Amber enterprise share elliot wave analysis . one hour analysis wave a,b,c
wave a internal a,b,c
wave b internal a,b,c
wave c internal 1,2,3,4,5
multibegger stockamber is a good stock for portfolio it has a wonderful business model and showing good quarter result in last quarter and also showing good strength on chart. plz do your analysis it may be 10x in future
#AmberSee the breakout
Target would be bigger and faster
Plan your trade according to risk appetite
Jab bhi uthenge tufan bankar uthenge
amber Union Road Transport Minister Nitin Gadkari said all trucks will now need to have air-conditioned driver compartments starting 2025.
Amber Enterprises, which manufactures air conditioners for buses, metros, and railways
Products
Room Air Conditioners
Window Room Air Conditioners
Split Air Conditioner
Inverter Split Air Conditioners
AC Components
Heat Exchanger
Sheet Metal Component Non Ac Components
Electric Motor
Copper Tubing
Non Ac Components
Plastic Extrusion
Vacuum Forming
Sheet Metal Component Non Ac Components
PCB Assembling
Mobile Air Conditioners
Railway Air Conditioners
Metro Air Conditioners
Bus Air Conditioners
Defence & Telecommunications
Amber Enterprise: Good Entry point
Stock has been in down trend for sometime
200 and 50 simple moving average days are converging
Possible change in trend
AMBERIn the Weekly Chart of AMBER ,
we can see that, it has formed a Bullish Candle and we can see next 4 targets.
Enter with strict SL and Targets.
Possible bottom.Possible bottom. Once can take swing trade with strict stop loss as shown in chart, as the stock very bearish.
AMBER ENTER CHART ANALYSISPrior month candle and cur.month candle still in Red
Same chart on daily chart @ formation of falling wedge and trying to get breakout @ 2412
Other possibility
if down trend continued, than may touch at point d,@;1610.
At @ projected d point, .formation of xabcd looks like a bullish cypher.
Than can be considered as bulls will be in line.
Chart for study purpose ,if any uneven obsevations could be changed.
Trade should be in consultation with fin. advisor.
Amber Enterprises Ltd.Amber Enterprises Ltd.
Inverted Hammer / Shooting Star: Daily Basis
Daily Vol. BreakOut. Weekly Strong Push Back
*Once Crosses 2904, Further Upside Possible!!!*
*With Price Up, Trail Stop Loss*
*Book Profit as per Risk Appetite*
*Fundamentally Strong Co*
~23.6% share in Room AC market /Prominent solution provider for AC OEM/ODM Industry in India.
Increasing product offerings / Customer additions / Foray into Commercial AC space / Entry into exports will drive longterm growth.
Increasing Sales/Profitability on Qtrly/Yrly Basis.
RoA/RoE/RoCE: Moderate Levels. Increased Ops. Cash Flow / Better WC Cycle for FY22.
Low Equity / Increasing TNW / Promoter Stake constant.
RAC industry volumes expected to grow by 30%+ for FY23.
*Concern:*
Increased Leverage for FY22. Facing Supply Chain Constraint- Expected to normalise
Decline in FII/DII Stake
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ/Respected.
Happy Investing :)
Amber Enterprises BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
NESCO BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
VCP BREAKOUTStock in previous uptrend, long consolidation, VCP formation, Volume dried during consolidation, Break out with volume and risk reward of 1.85. ONLY FOR SELF LEARNING AND EDUCATION PURPOSE
Breakout in AMBER ENTERPRICESA strong breakout in AMBER ENTERPRICES in Daily and Weekly timeframes.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
AMBER chart analysisAMBER chart analysis
Buy - CMP
Target - more than 3230
SL - 2960
only for study purpose.
