Stock Analysis of Amara Raja Batteries
Amara Raja Batteries – CMP - ₹698.75 Dt. – 30-07-2020
On a daily chart, the price has given close above 21DEMA. If the stock moves upward it will face resistance ₹713.10 and then ₹732.90. If starts moving down the stock will take support at ₹677.40 and if falls more the stock will take support at ₹636.75.
The MACD indicator has given the sell signal whereas RSI and CCI are neutral.
On a daily chart, the price has given close above 21DEMA. If the stock moves upward it will face resistance ₹713.10 and then ₹732.90. If starts moving down the stock will take support at ₹677.40 and if falls more the stock will take support at ₹636.75.
The MACD indicator has given the sell signal whereas RSI and CCI are neutral.
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