Long
Amara Raja Batteries (Inv H&S BO)
AMARA RAJA BATTERIES
On Daily Basis Time Frame the Stock has giving a Good BO of Inverse Head & Shoulder Pattern and also BO of Downward Trend. As the stock has made the Pattern at the Bottom it is a good long term bet
So as per Chart the Stock looks Good for Short to Medium Term Position as per the Levels given below:
CMP - 541.10 or BoD 525
Target 1 - 557
Target 2 - 588
Target 3 - 619 + +
SL - 497
Time Frame - Medium Term for final Tgt
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
On Daily Basis Time Frame the Stock has giving a Good BO of Inverse Head & Shoulder Pattern and also BO of Downward Trend. As the stock has made the Pattern at the Bottom it is a good long term bet
So as per Chart the Stock looks Good for Short to Medium Term Position as per the Levels given below:
CMP - 541.10 or BoD 525
Target 1 - 557
Target 2 - 588
Target 3 - 619 + +
SL - 497
Time Frame - Medium Term for final Tgt
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.