Thursday, 11 May 2017

Amara Raja batteries

After 8 months downward trend, Amara Raja batteries made a bullish break out of downward trendline.   Now the stock is trading above 50 day ema.

Stock can initiate buy in the range of 910-912.  Close this trade below 840.




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Indiamart Weekly Bullish Breakout

After 3 months of correction stock is made good set up to buy on monthly and weekly chart. Breakout with volume.