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Kunal-Battu

BULLISH on EMAMILTD (Positional)

Long
EMAMI LTD (NSE:EMAMILTD)  
Kunal-Battu Updated   
NSE:EMAMILTD   EMAMI LTD
Trend Analysis Chart Patterns Technical Indicators indianmarket indianstocks breakout Bullish Patterns momentumtrade emami
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trendanalysis chartpattern indicator indianmarket indianstocks breakout bullish momentumtrade emami
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.
Comment:
Trail SL to 466 levels
Comment:
Trail SL to 473 levels
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