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Stock Radar: Why Amara Raja Batteries is a good buy

“Amara Raja Batteries ended its uptrend in the month of January 2021 and since then it has corrected sharply. Post the recent swing low around Rs. 450 in the month of June 2022, the prices have seen a pullback move and have formed a ‘Higher Top Higher Bottom structure’,” Ruchit Jain, Lead Research, 5paisa.com, said.

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