GO LONG ON AMAR RAJA ENERGY & MOBILITY (ARE&M)
The stock has touched high of 1775 and now stands at a correction of 26%. The current price is at 1320. One can accumulate the stock in the price range of 1300 to 1320. The daily and weekly charts are both oversold. Also the 4h time frames have made their respective hl. So one can buy the script with the stop Loss of 1203. Short Term Targets 1400 and Long term Target 1 Year is 1900.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.