Traderji,
Amara Raja Batteries has been moving in a band b/w 79 to 83 for quite sometime. yesterday moved to 85. Days low was 79.50 High 89.90 and closed at 85.95 at NSE. Volumes at 3,55,516 shares yesterday. I have gone thru the data for this stock for the last ten years. It stays in a range for about 15-20 days and then moves up. is there anything cooking up in this counter. whenever it breaksout of the range, it moves up very fast and then get into a trading range. Could you comment on this stock, Traderji?
Rgds,
Raja Krsnan.
Amara Raja Batteries has been moving in a band b/w 79 to 83 for quite sometime. yesterday moved to 85. Days low was 79.50 High 89.90 and closed at 85.95 at NSE. Volumes at 3,55,516 shares yesterday. I have gone thru the data for this stock for the last ten years. It stays in a range for about 15-20 days and then moves up. is there anything cooking up in this counter. whenever it breaksout of the range, it moves up very fast and then get into a trading range. Could you comment on this stock, Traderji?
Rgds,
Raja Krsnan.