AMARA RAJA LONG
POSITIONAL PICK
AMARA RAJA BATTERY
Current market price: 807
Amara raja has formed bullish crab #patterns in the daily time frame.
The bullish crab can resemble a double top chart pattern except that the turns are located using Fibonacci ratios.
The PZR of the pattern is in between 791-802 with the stop loss 790 on the closing basis.
Target for the pattern: 850, 874, 905
The Crab is reversal pattern that allows you to enter the market at extreme highs or lows.
It is a reversal pattern composed of four legs marked X-A, A-B, B-C and C-D.
AMARA RAJA BATTERY
Current market price: 807
Amara raja has formed bullish crab #patterns in the daily time frame.
The bullish crab can resemble a double top chart pattern except that the turns are located using Fibonacci ratios.
The PZR of the pattern is in between 791-802 with the stop loss 790 on the closing basis.
Target for the pattern: 850, 874, 905
The Crab is reversal pattern that allows you to enter the market at extreme highs or lows.
It is a reversal pattern composed of four legs marked X-A, A-B, B-C and C-D.
Penafian
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