ARE&M - long term bullish stock at a good entry pointThe monthly chart shows that after breaking out of long term resistance few months back, the stock has come to re-test the resistance-turned-support area. This area of 1035-760 is a great support.Longby hellosauby0
A LONG-TERM INVESTMENT IN AMARA RAJA ENERGY MOBILITY LTD (ARE&M)A long-term investment opportunity in Amara Raja Energy Mobility Ltd (ARE&M), here's an analysis of the chart and a suggested approach: ☣️Key Insights: 1. Price Correction: The stock has seen a correction of 49%, making it an attractive level for long-term accumulation. 2. Strong Support Zone: Identified between ₹992–₹1,011. This is a critical area to monitor for stability and potential reversal. 3. ✅️Targets (TP): 🟢TP-1: ₹1,160.80 🟢TP-2: ₹1,363.90 🟢TP-3: ₹1,541.20 4. 🔴Stop Loss (SL): ₹941.00, to manage risks in case of further downside. 5. ✅️Entry Zone: Around ₹1,001.55, which aligns with the strong support levels. ⚪️Long-Term Outlook: Sector Potential: As ARE&M operates in the energy and mobility domain, it benefits from macro trends favoring renewable energy and electric mobility solutions. Recommendation: Accumulate near the support zone and hold for long-term targets. Monitor price action and adjust the strategy if the stock closes below ₹941. 🔴Disclaimer: I am not SEBI registered. This information is purely for educational purposes and not financial advice. The securities market is subject to market risks; please do your own research. Thanks😊 If you like this idea 👍Like,share,subscribe 👋@Alpha_strike_trader Longby Alpha_strike_trader4
[Intraday] Amararaja Buy IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives Longby Amit_Ghosh4