Stock in previous uptrend, long consolidation, VCP formation, Volume dried during consolidation, Break out with volume and risk reward of 1.85. ONLY FOR SELF LEARNING AND EDUCATION PURPOSE
A strong breakout in AMBER ENTERPRICES in Daily and Weekly timeframes. DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
#Amber updated harmonic PRZ-2941.35 SL-2699 CMP:3248 @ 5 December 2021
AMBER chart analysis Buy - CMP Target - more than 3230 SL - 2960 only for study purpose.
Swing Study Amber Enterprises Break of trend line, breakout, consolidation, fresh movement. Fresh Volume coming (Only for educational Purposes)
AMBER enterprises seem to be breaking out from the triangle formation today with good volume. Yet to be seen if this is a genuine BO or a false one. Keep an eye!
Amber enterprises triangle chart pattern ,it has given a good breakout with decent volume potential target would be 3666 "THIS IS ONLY FOR EDUCATIONAL PURPOSE " !
Bullish flag pennant BO on AMBER weekly After a great run Amber taken a halt and formed Flag pennant pattern on weekly TF Now it has broken out of that. expecting 70-80 % gain from here in next 8-10 months
Hello Welcome to this analysis about AMBER , we are looking at Weekly timeframe perspectives . AMBER is developing here that will be a decisive factor in the upcoming times. when looking at my chart now we can watch there how AMBER has emerged with this key BEARISH BAT & CHANNEL PATTERN marked in my chart with the black boundaries. In this manner, thank you...
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 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...
Resistance Trendline formed by Amber Enterprises
It has a possibility of falling wedge breakout,delivery % was also high today,it may give a good breakout in near term . . . consult your financial advisor before taking any decision NSE:AMBER
BUY AMBER ENTERPRISES on Trend line break Potential upside of 1000 points