Amara Raja Energy for 60% gains
Date: 30 Oct’24
Symbol: ARE_M
Timeframe: Daily
Amara Raja Energy & Mobility seems to have begun Wave V of 3 which is heading towards 2150 (60% from current price of 1350) as seen in the chart. Once it has crossed 1450, its five waves can be established. Both volume pop out and RSI strength support this view.
This is not a trade recommendation. Please do your own analysis.
HINGLISH VERSION
Aisa prateet hota hai ki Amara Raja Energy & Mobility ne 3 ki Wave V shuroo kar di hai jo 2150 (vartamaan price se 1350 se 60%) ki taraf badh rahi hai, jaisa ki chart mein dekha gaya hai. Ek baar jab yah 1450 ko paar kar jae, to iski 5 Wave sthaapit ki ja sakti hain. Volume pop out aur RSI ki majbooti donon is drshtikon ka samarthan karte hain.
Yah koi trade lene ki salah nahin hai. Kripya apna vishleshan khud karen.
Symbol: ARE_M
Timeframe: Daily
Amara Raja Energy & Mobility seems to have begun Wave V of 3 which is heading towards 2150 (60% from current price of 1350) as seen in the chart. Once it has crossed 1450, its five waves can be established. Both volume pop out and RSI strength support this view.
This is not a trade recommendation. Please do your own analysis.
HINGLISH VERSION
Aisa prateet hota hai ki Amara Raja Energy & Mobility ne 3 ki Wave V shuroo kar di hai jo 2150 (vartamaan price se 1350 se 60%) ki taraf badh rahi hai, jaisa ki chart mein dekha gaya hai. Ek baar jab yah 1450 ko paar kar jae, to iski 5 Wave sthaapit ki ja sakti hain. Volume pop out aur RSI ki majbooti donon is drshtikon ka samarthan karte hain.
Yah koi trade lene ki salah nahin hai. Kripya apna vishleshan khud karen.
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