AMBER - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.8

📊 Technical Overview of AMBER Enterprises India Ltd. (AMBER)

📈 Trend Analysis

Current Price: ₹7,810

50 DMA: ₹7,073

200 DMA: ₹6,327

Trend Status: The stock is in a strong uptrend, trading well above both moving averages. This reflects robust bullish momentum and sustained investor interest.

📉 Momentum Indicators

RSI (64.7): Bullish. Indicates strong momentum, nearing overbought but still in a healthy range.

MACD (164): Strongly positive — confirms powerful bullish crossover and trend continuation.

Volume: 14.2L vs 1-week avg of 4.56L — massively above average, signaling high conviction buying.

📊 Bollinger Bands

Price likely near the upper band, consistent with strong RSI and MACD.

Bands are likely expanding, indicating high volatility and momentum breakout.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 7,073 Strong Support

200 DMA 6,327 Long-Term Support

Current Price 7,810 Above both DMAs — bullish bias

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 7,400–7,500 Minor pullback zone

Support 2 7,050–7,100 50 DMA zone

Resistance 1 8,175–8,200 52-week high zone

Resistance 2 8,500+ Psychological breakout level

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹7,400–₹7,500 (on minor dip with volume confirmation)

Exit Zone (Short-Term): ₹8,175–₹8,200 (initial resistance), ₹8,500+ (if breakout sustains)

Stop Loss: ₹7,050 (below 50 DMA)

📌 Summary

Trend: Strongly trending upward

Momentum: Very strong and accelerating

Volume: Exceptionally high

Setup: Ideal for momentum traders; breakout continuation likely with strong institutional interest

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