AMARAJABAT HAS GIVEN A BREAKOUT FORMING 3 PATTERNS WITH VOLUME

6 thg 7, 2023

Amarajabat counter has given a breakout forming three patterns with Volume

Cup and Handle, Long term support/ resistance level, Triangle Pattern and offering a good RR of 2.53
The counter has already retraced to the Breakout level after breakout.

Entry level: Above - 700
Target: 780.60
StopLoss: 668


NOTE: I am not a professional Trader/ Investment Expert/ Advisor. please exercise your judgement after independent analysis

1 thg 8, 2023

Giao dịch đang hoạt động

Taken support at 600 after breaching the SL after a deep fall due to exiting of strategic investor.
Can hold on to the stock with training stoploss of 620 to reduce the losses as stock is picking up from the support of 600.
Stock fundamentals have not changed

22 thg 8, 2024

Ghi chú

This has given very good returns..
In last 12 months, Profit growth recorded is 18% where as stock has given 148% return.

Time to book profit and let it cool down.