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AMARA RAJA BATTERIES

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  • Stock changed its trend in October 2022 with high volumes clearing the down-sloping trendline.
  • Now the stock has again confirmed strength in the rally by clearing its prior peak of 668.
  • The ongoing up-move is thus expected to continue and test another past peak of 780. The Golden FR level is also placed around 800.
  • Bullish view remains valid as long as price is above 665.
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