Shitij Gandhi recommends buying Amara Raja Energy; RSI, MACD signal more upside
“Amara Raja Energy stock is exhibiting an ascending triangle formation on the daily chart, signalling a continuation of its medium-term bullish trend. Traders can accumulate for a target of Rs 990 in the next 1-2 months,” Shitij Gandhi, AVP – Equity Technical Research, SMC Global Securities, said.
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