Possible bottom.Possible bottom. Once can take swing trade with strict stop loss as shown in chart, as the stock very bearish.
AMBER trade ideas
AMBER ENTER CHART ANALYSISPrior month candle and cur.month candle still in Red
Same chart on daily chart @ formation of falling wedge and trying to get breakout @ 2412
Other possibility
if down trend continued, than may touch at point d,@;1610.
At @ projected d point, .formation of xabcd looks like a bullish cypher.
Than can be considered as bulls will be in line.
Chart for study purpose ,if any uneven obsevations could be changed.
Trade should be in consultation with fin. advisor.
Amber Enterprises Ltd.Amber Enterprises Ltd.
Inverted Hammer / Shooting Star: Daily Basis
Daily Vol. BreakOut. Weekly Strong Push Back
*Once Crosses 2904, Further Upside Possible!!!*
*With Price Up, Trail Stop Loss*
*Book Profit as per Risk Appetite*
*Fundamentally Strong Co*
~23.6% share in Room AC market /Prominent solution provider for AC OEM/ODM Industry in India.
Increasing product offerings / Customer additions / Foray into Commercial AC space / Entry into exports will drive longterm growth.
Increasing Sales/Profitability on Qtrly/Yrly Basis.
RoA/RoE/RoCE: Moderate Levels. Increased Ops. Cash Flow / Better WC Cycle for FY22.
Low Equity / Increasing TNW / Promoter Stake constant.
RAC industry volumes expected to grow by 30%+ for FY23.
*Concern:*
Increased Leverage for FY22. Facing Supply Chain Constraint- Expected to normalise
Decline in FII/DII Stake
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ/Respected.
Happy Investing :)
Amber Enterprises BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
NESCO BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
VCP BREAKOUTStock in previous uptrend, long consolidation, VCP formation, Volume dried during consolidation, Break out with volume and risk reward of 1.85. ONLY FOR SELF LEARNING AND EDUCATION PURPOSE
Breakout in AMBER ENTERPRICESA strong breakout in AMBER ENTERPRICES in Daily and Weekly timeframes.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
AMBER chart analysisAMBER chart analysis
Buy - CMP
Target - more than 3230
SL - 2960
only for study purpose.
Amber Enterprises- SwingSwing Study
Amber Enterprises
Break of trend line, breakout, consolidation, fresh movement.
Fresh Volume coming
(Only for educational Purposes)
Amber Alert!! AMBER is breaking out of the triangle :)AMBER enterprises seem to be breaking out from the triangle formation today with good volume. Yet to be seen if this is a genuine BO or a false one. Keep an eye!
Triangle chart patternAmber enterprises triangle chart pattern ,it has given a good breakout with decent volume potential target would be 3666
"THIS IS ONLY FOR EDUCATIONAL PURPOSE " !
Bullish flag pennant BO on AMBER weeklyBullish flag pennant BO on AMBER weekly
After a great run Amber taken a halt and formed Flag pennant pattern on weekly TF
Now it has broken out of that.
expecting 70-80 % gain from here in next 8-10 months
AMBER BAT PATTERNHello
Welcome to this analysis about AMBER , we are looking at Weekly timeframe perspectives . AMBER is developing here that will be a decisive factor in the upcoming times. when looking at my chart now we can watch there how AMBER has emerged with this key BEARISH BAT & CHANNEL PATTERN marked in my chart with the black boundaries.
In this manner, thank you for watching my update-analysis about AMBER and its major BEARISH BAT PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
Amber enterprises at good level Amber has performed very well in long term, but in previous few weeks price has corrected 35% from high. from here we may see some demand. stock has potential of moving 12% to 35% minimum.
Doji formation after BO from ChannelAmber has formed a doji ( candlestick which has same open and close price), but importantly it has broken out of a channel....it has been falling since some time and now the BO, but we should wait and see what candlestick forms on the next day - if it is a green one it COULD signal a move up..and if a red one then it COULD go down...that is how one confirms whether it will move up or go down..wait and watch - i would not jump into a trade tomorrow.
Amber EnterprisesIt has a possibility of falling wedge breakout,delivery % was also high today,it may give a good breakout in near term
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consult your financial advisor before taking any decision
NSE:AMBER
