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Buy Amara Raja Batteries, Dr. Reddy's Laboratories, says Religare Broking

Top trading ideas by Religare Broking

Topics
Amara Raja Batteries  |  Oil India  |  Target

Religare Broking  |  Mumbai 

Top trading ideas by Religare Broking: Amara Raja Batteries Rec: BUY Last Close: Rs 847.35 Initiation range: Rs 835-845 Target: Rs 910 Stop loss: Rs 810 Amara Raja Batteries has been witnessing consolidation in a broader range i.e. 700-900 for last two years. It tested the lower band of the same in July 2018 and rebounding gradually since then.

Today i.e. August 14, it has surged strongly with the decent rise in volume and ended near day’s high. All indications are in the favour of retesting upper band of the consolidation range or even surpassing the ...

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First Published: Thu, August 16 2018. 06:24 IST
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