BULLISH on EMAMILTD (Positional)

Updated
EMAMILTD

The stock had given breakout from a parallel range breakout previously and after the consolidation it has also given breakout. The Moving averages are converging. The price is also trading above the moving averages which shows Bullishness. The MACD is also Bullish. The RSI is also showing good momentum. This view is for 1 to 6 months. The SL level is around 450 level and the Target is around 590 levels.

Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
Note
Trail SL to 466 levels
Note
Trail SL to 473 levels
breakoutBullish PatternsChart PatternsemamiindianmarketindianstocksTechnical IndicatorsmomentumtradeTrend Analysis

Disclaimer