Rachit_Sethia

#EMAMILTD CMP 525.75 TARGET 668(25%+) $GLD $NIFTY $EMAMILTD $GS

Long
NSE:EMAMILTD   EMAMI LTD
#EMAMILTD
NSE: EMAMILTD
CMP 527.75
Target 1: 596 +
Target 2: 668++
SL 495
Time Frame < 7 months
Can hold the stock after booking in parts.


Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.

If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.