Amber enterprises at good level Amber has performed very well in long term, but in previous few weeks price has corrected 35% from high. from here we may see some demand. stock has potential of moving 12% to 35% minimum.
AMBER trade ideas
Doji formation after BO from ChannelAmber has formed a doji ( candlestick which has same open and close price), but importantly it has broken out of a channel....it has been falling since some time and now the BO, but we should wait and see what candlestick forms on the next day - if it is a green one it COULD signal a move up..and if a red one then it COULD go down...that is how one confirms whether it will move up or go down..wait and watch - i would not jump into a trade tomorrow.
Amber EnterprisesIt has a possibility of falling wedge breakout,delivery % was also high today,it may give a good breakout in near term
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consult your financial advisor before taking any decision
NSE:AMBER
Amber EnterprisesAmber Enterprises is at support level of 2700 andvits fall from 3600 and now strong bounce is expected And its first resistance is 3000 and next resistance is 3200 and next support is 2500 and so risk reward is more favorable and it's also deal with electronic manufacturing.
I am not a registered Sebi advisor so I am only views for educational purposes
If you want to be invest so please try to talk with your financial advisor.
Pole and flagThe stock has formed a flag and pole pattern near its all time high. Enter at bullish signals/ confirmation. Best long entry can be within 2030 to 2070. Stop-loss and target can be half of the pole.
AMBER ENTERPRISESA cup and handle pattern. The retest is the handle for the pattern .
Once the 52wk high is crossed can be one way journey.
