Levels are marked on the chart Stock has been following 50 ema and 100 ema is acting as amazing support. If you like the analysis, do leave a like and follow for more such content coming up. The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :) HAPPY TRADING!!!
Key Highlights: 1. Bullish market structure 2. Volume expansion 3. Trendline breakout 4. Symmetrical triangle pattern 5. Ascending triangle pattern 6. Buy on pullback only 7. Support zone: 512-521 8. Target: 566, 602, 638. 9. Stop loss: 493 You are always advised to use an appropriate Risk-Reward ratio as per your strategy. P.S: This is NOT investment...
Emami channel break out. Target mentioned in the chart.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Rounding bottom breakout on the daily chart as well as on the weekly chart. All oscillators indicating bullish bios. We can expect a rounding bottomed retracement target of 540, 565 in the near term. also expect a target of 615, 750 in the longer term.
I will look at buying EMAMI because : It has broken its resistance and will act as support It can show a upward movement . Entry : 476 Target : 600/680 Stop loss : 420
If stock opens out of yesterdays range look for buying opportunities when it takes support at buy zone 1. If stock opens within yesterdays range look for buying opportunities when it takes support at buy zone 2. If you go long on Buyzone2 then your first target should be yesterday high.
Click on chart to view the reasons to take trade next week. #HappyTrading
Emami Limited Sector and Stock both are RS positive Emami Limited spread chart: Spread chart is already showing that it is outperforming the nifty index. Currently its spread chart is at support line and there is high probability that it starts again outperforming the nifty. Risk and Reward are quite good, Stock is currently at its support and there is high...
LEVEL MARKS WITH PATTERN SHOWN ON CHART BULLISH TREND MAY CONTINUE
a. Zone: Neutral b. Resistance 1: 348.50 c. Resistance 2: 356.40 d. Support 1: 340.55 e. Support 2: 324.70 NSE:EMAMILTD
Please refer the earlier charts updated wherein it was projected for 240 odd levels from 180 levels and now it is expected to move towards 280-300 kind of levels. Please make a note that this chart is for Educational Purpose Only
The RSI reading indicates that the stock is at a near term resistance and could see some downside. There have been strong significant green bars and may see some correction or possibly a reversal. A correction and profit taking can be observed around levels of 199, if it breaks down further then that could indicate reversal around 178 levels.