Only Education purpose before investment advice ur finance adviser Amaraja Battery according my analysis long term investor invest in this stocks, its correct 35% from 52 weeks on weekly chart falling trend line break last year oct 2020 @760 rally up to 1025 retest again and close above 200 SMA (weekly) with volume support. on daily charts make head and shoulder pattern its breakout @740 and retest or pull back after golden cross over Ist correction, short term investor maintain stop loss below 740 on closing basis. Target 820 and may be extent price action,
Yorum:
RSI enter in high momentum area and support 60, this area is High momentum high probability low risk.