SWING IDEA - AMBER ENTERPRISES
Aktualisiert
Amber Enterprises, a leading player in the Indian air conditioning and refrigeration industry, is showing technical signals that suggest a promising swing trading opportunity.
Reasons are listed below :
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Reasons are listed below :
- 4600 Resistance Breakout: The 4600 level has been a significant resistance zone. The price is now breaking out above this level, indicating strong bullish momentum.
- Strong Bullish Marubozu Candle on Daily and Weekly Timeframes: The recent formation of bullish marubozu candles on both the daily and weekly charts indicates strong buying pressure and suggests potential for further upward movement.
- Trading Above 50 and 200 EMA: The stock is trading above both the 50-day and 200-day exponential moving averages (EMA), reinforcing the bullish sentiment and providing strong support levels.
- Higher Highs: The stock is consistently making higher highs, indicating a strong upward trend.
- Gradual Increase in Volumes: A noticeable increase in trading volumes confirms the strength of the price move and indicates growing investor interest.
- Trading at All-Time High: The stock is trading at its all-time high, suggesting strong market confidence and potential for further gains.
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Anmerkung
made a high of 8%+Anmerkung
if price closes above 4500, we can accumulate more quantityAnmerkung
hold!Anmerkung
hold!Anmerkung
back to buying price, we can see a strong breakout after some consolidation Anmerkung
fast move expected as per price action !Anmerkung
made a high of 18%++Anmerkung
hold for targetsAnmerkung
could see some upside Trade geschlossen: Ziel wurde erreicht
1st target achieved : 25%++Trade geschlossen: Ziel wurde erreicht
2nd target achieved : 43%++Anmerkung
made a high of 50%++
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