Swastik24

AMARA RAJA BATTERIES Trend Analysis

Long
NSE:AMARAJABAT   None
Good time to accumulate.

Price broke out of symmetrical triangle with weak volume, fake out likely.

Accumulate around 540-575 levels.

I don't see much downside but you may keep stoploss @ 530 (optional).

Swing target (corrective waves) is around 835 (45% ROI).

Positional target (cup with handle) is around 1700 (200% ROI).

Kindly do your own research before trading or investing.

Peace!!
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