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AMARAJA BATTERIES: Time to Move

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Amaraja Batteries has been consolidating in a triangle for quite some time. It is been seen at the bottom of the same for a couple of weeks now. Volume is seem to be picking up now, and so would Amaraja. Risk-reward ratio is highly favorable. One can take long positions at current levels.

SL for the same can be placed at 824, for a initial price target of 880 (Time Horizon: 5-10 days)

*This is for educational purpose only


Trade fechado: stop atingido
SL Triggered. Exit trade.

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