AMARAJABAT Analyse on monthly timeframe for long term
good trade oppportunity to invest for long time
there is clear breakout and retest of level on fibo support 0.618 and trend line support after that goes in flow of breakout.
but at 800 level there is strong resistence. so if you are in position then 800 level is very important to see because there is strong resistance previously at this 800 level stock down with very good volume so resistance will expectedt here.
important is keep eye on it new trade opportunity above 803 level
new position level( long term) buy 805 Sl last lower high target 888, 1025, 1247
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