AMARA RAJA BATTERIES

• 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.