לונג
Amaraja looks bullish
NSE:AMARAJABAT
Hello Traders
I am just trying to share a piece of my study here with you people and not advising anything to anyone.
The Stock is currently trading on it's weekly support.
Weekly structure will change above 770 (candle closing is important for confirmation)
Swing Long position is only above 760
If I apply harmonics on "Amara raja battery" scrip, I can see a perfect half bat structure here.
The Price has to give a bounce from the current level as it is also a demand zone/support zone here.
Let's see how the price reacts to the harmonics half bat pattern.
Hello Traders
I am just trying to share a piece of my study here with you people and not advising anything to anyone.
The Stock is currently trading on it's weekly support.
Weekly structure will change above 770 (candle closing is important for confirmation)
Swing Long position is only above 760
If I apply harmonics on "Amara raja battery" scrip, I can see a perfect half bat structure here.
The Price has to give a bounce from the current level as it is also a demand zone/support zone here.
Let's see how the price reacts to the harmonics half bat pattern.
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