SWING IDEA - AMBER ENTERPRISES

30 thg 6

Amber Enterprises, a leading player in the Indian air conditioning and refrigeration industry, is showing technical signals that suggest a promising swing trading opportunity.

Reasons are listed below :

• 4600 Resistance Breakout: The 4600 level has been a significant resistance zone. The price is now breaking out above this level, indicating strong bullish momentum.
  
• Strong Bullish Marubozu Candle on Daily and Weekly Timeframes: The recent formation of bullish marubozu candles on both the daily and weekly charts indicates strong buying pressure and suggests potential for further upward movement.
  
• Trading Above 50 and 200 EMA: The stock is trading above both the 50-day and 200-day exponential moving averages (EMA), reinforcing the bullish sentiment and providing strong support levels.
  
• Higher Highs: The stock is consistently making higher highs, indicating a strong upward trend.
  
• Gradual Increase in Volumes: A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest.
  
• Trading at All-Time High: The stock is trading at its all-time high, suggesting strong market confidence and potential for further gains.
  

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@visionary.growth.insights

15 thg 7

Ghi chú

made a high of 8%+

3 thg 8

Ghi chú

if price closes above 4500, we can accumulate more quantity

17 thg 8

Ghi chú

hold!

23 thg 8

Ghi chú

hold!

31 thg 8

Ghi chú

back to buying price, we can see a strong breakout after some consolidation

15 thg 9

Ghi chú

fast move expected as per price action !

25 thg 9

Ghi chú

made a high of 18%++

3 thg 10

Ghi chú

hold for targets

15 thg 10

Ghi chú

could see some upside

17 thg 10

Đóng lệnh: đạt mục tiêu

1st target achieved : 25%++

22 thg 10

Đóng lệnh: đạt mục tiêu

2nd target achieved : 43%++

23 thg 10

Ghi chú

made a high of 50%++