Amber Share Price Target

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Today we will thoroughly study Amber Share Price Action, company business, and its fundamentals. We will try to predict the target price for the upcoming days, months, and years.

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1. Amber Share– A Company Overview

Amber Enterprises is one of the a prominent solution provider for HVAC Industry in India. It has a dominant presence in RACs finished built units and major RAC components. There are 27 manufacturing facilities across India focusing on different product segments.

Check more details about company on website

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2. Fundamental of Amber Share

Here you will get an idea about the Fundamentals of the Company from the below table

3. Technical Analysis of Amber Share

We will study the monthly, weekly and daily chart of Amber Enterprises. Then only will decide whether it’s worth buying the stock. will also try to predict the short-term, mid-term and long-term share price targets of Amber.

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Monthly Chart Analysis of Amber Share

Lets look at the Monthly chart of Amber share. The chart is sourced from Zerodha.

It is ready to give a multiyear breakout at a share price of 5000+. With this multiyear breakout, it may give 1.5x to 2x returns within 6 months with a share price target of 7500 to 10000.

Now it is in the consolidation phase near to the upper resistance level. It has made a small base for a new movement. From here on can expect one SL hunt Move also. One can buy the share once it breaches the level of 5000. Another option is to purchase if it comes on the below trendline support line. With one year of the holding period, we can expect the share price about 10000. From an investment perspective, we can expect the stock to touch 50000 to 80000. This is considering a lowest holding period of 10 years.

Weekly Chart Analysis of Amber Share

We can check the weekly chart below sourced from Zerodha to study the medium-term target.

There is head and shoulder pattern on above Weekly pattern. Also we can call it has bear Trap Candlestick pattern.It has broken three major resistance of 4000 and is currently in a bullish movement. With this price action, the target price will be around 6500 to 7500. The holding period is expected to be 6 to 18 months. Medium-term targets can be predicted well with weekly and daily price action candlestick patterns.

Daily Chart Analysis of Amber Share

Let us study the below daily chart from Zerodha to predict the short-term target of Amber share price. You can also use this one for a swing trading.

Here, It has created an ascending triangular pattern. The base price is 3000 and the Upper price is 4750. It has given the breakout and trading at breakout retest level around 4700-4900. This is the best time to enter the stock at this level. Use a stop loss with price is 4500. With a minimum target of 20-25%. Alternatively, aim for at least a share price of 6000-6500.

whenever we have a swing trading or short-term perspective one should use the 15-minute chart for entry and exit. The 15 Minute chart gives the minimum stop-loss for a good risk-reward ratio.

In the above chart, there are two lines. One line is mainly the resistance line and another is the support Trend line. One can take entry at the current price or if the price comes on support Trend line. With stop-loss of 4500 as shown in the above chart.

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4. Historical Price analysis of Amber Share

we will see the below Monthly chart of Amber and analyze the Price history of Shares.

If you check first phase of Amber share, it has consolidated for 2.5 years. Then it has given movement of phase 2 for 2 year. In this period it has given the 3X to 4x returns from 900 to 3700.

In phase 3, is has consolidated again for 2.5 years and given almost negative return till 1.5x. Then started its upward movement. It has given 3X return or can say 300% gain from 1700 to 5000.

5. Amber Share Price Target for 2024, 2025,…..,2030.

6. Amber Share Price Target for 2031, 2032,…..,2040.

7. Amber Share Price Target for 2041, 2042,…..,2050.

8. Peers of Amber Enterprises

Below companies are the compitaters of Amber Enterprises:-

Blue Star Ltd.
Johnson Controls-Hitachi Air Conditioning India Ltd.
Leel Electricals Ltd.
Voltas Ltd. 

9. FAQs

Disclaimer– The views shared here are only for educational purposes. We are not SEBI registered.
Please take advice from your personal finance adviser. We are not responsible for any loss incurred by you with above shared study.

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