Stock analysis Amara Raja Batteries Limited AMARAJABAT
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Recent prices of AMARAJABAT Amara Raja Batteries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 26 Thu Oct 2023 | 604.15 | 599.00 to 610.85 | -1.07% | 1.27 times |
| 25 Wed Oct 2023 | 610.70 | 605.05 to 623.00 | -1.05% | 1 times |
| 23 Mon Oct 2023 | 617.20 | 615.50 to 630.00 | -1.73% | 0.95 times |
| 20 Fri Oct 2023 | 628.05 | 624.40 to 638.10 | -1.48% | 1.02 times |
| 19 Thu Oct 2023 | 637.50 | 636.10 to 641.10 | -0.56% | 0.5 times |
| 18 Wed Oct 2023 | 641.10 | 639.00 to 647.80 | -0.28% | 0.87 times |
| 17 Tue Oct 2023 | 642.90 | 638.85 to 653.00 | 0.64% | 1.68 times |
| 16 Mon Oct 2023 | 638.80 | 637.65 to 645.20 | -1.37% | 1 times |
| 13 Fri Oct 2023 | 647.65 | 646.05 to 651.50 | -0.06% | 0.53 times |
| 12 Thu Oct 2023 | 648.05 | 641.10 to 656.85 | 0.91% | 1.78 times |
| 11 Wed Oct 2023 | 642.20 | 637.50 to 646.75 | 1.11% | 0.67 times |
| 10 Tue Oct 2023 | 635.15 | 634.05 to 638.95 | 0.15% | 0.56 times |
Technical analysis forecast for Amara Raja Batteries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Amara Raja Batteries Limited AMARAJABAT at this time. Stock is falling and might fall more.
It appears as if Amara Raja Batteries Limited AMARAJABAT gave a large move recently.
Stock of Amara Raja Batteries Limited (AMARAJABAT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
Although my analysis for Amara Raja Batteries Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 606.3, for a target of 620.5 or 632.34