Stock Radar: Amara Raja Energy on verge of a breakout from ascending triangle formation. Time to buy?
Amara Raja Energy & Mobility is nearing a breakout from an ascending triangle pattern after months of consolidation, with analysts seeing upside towards Rs 990-995 over the next 5-7 weeks. A decisive move above Rs 920 could confirm the bullish setup, while Rs 860 remains the key stop-loss level.
Amara Raja Energy & Mobility is nearing a breakout from an ascending triangle pattern after months of consolidation, with analysts seeing upside towards Rs 990-995 over the next 5-7 weeks. A decisive move above Rs 920 could confirm the bullish setup, while Rs 860 remains the key stop-loss level.
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