#amber
Can go long above 3157 that is a strong resistance and retracement level of the last downtrend. Above that targets will be 3725, 4020. Sl will be 2890.
Amber 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
This 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...
Key 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....
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 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
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...
Prior 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...
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...
The 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.
The 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.
