Bounce back from Support in EmamiNSE:EMAMILTD Bounceback is happening from the current level of support of 600.
Tgt for another 200 points with SL at swing low
EMAMILTD
EMAMI : A stock to watch - Expecting new ATH soon only if...⚡Price Analysis:
1️⃣ Broke 9 yrs ATH level and currently trading near a critical support.
2️⃣ Only if the price continue to show trend I will plan else not.
3️⃣ Volumes looks decent.
✨ My Expectations:
➡️ Bullish strength is lacking will wait for the price to show strength first.
➡️ In 1H TF expecting bullish structure formation.
➡️ Expecting strong weekly candle closing for confirmation of the reversal.
➡️ Overall market sentiment is critical. I will not be very surprised even if price comes down to 450-480 levels before bouncing back.
🎯1h TF:
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
Emami Ltd: Potential change of Character, Double/Triple bottom "Emami Ltd: Potential change of Character, Double/Triple bottom "
Stock: Emami Ltd.
CMP: 622
Sector: FMCG /personal products
Analysis:
Emami Ltd. is showing promising change of character in its downtrend having formed almost complete Double /triple bottom. The stock has corrected almost 27% from its high and currently trading near the previous prce when very high volume activity was shown. Previously in the same zone very high demand zone occured boosting the price to go up.
Key Highlights:
Technical Setup:
- Double Bottom (may also say triple bottom) Formation: Indicates a potential trend reversal.
- RSI looks buliish
- CMP: 622, near to the previous demand zone which had helped jump in prices
Institutional Confidence:
FII/FPI Holdings:increased holdings from 14.02% to 14.38% in Sep 2024 qtr.
Institutional increased holdings from 35.63% to 35.89% in Sep 2024 qtr., reflecting confidence from larger investors.
-Promoters unpledged 3.08% of shares in last quarter. Total pledge stands at 8.15% of promoter holdings. Promoters holding remains unchanged at 54.84% in Sep 2024 qtr
FInancials:
-The company has excellent financials.
Target Levels: The stock is likely to test the next resistance zone at ₹743, offering significant upside potential. Some major analyst have projected price to go upto 790 levels in few months.
Trade Plan:
Entry: Near CMP levels
Target: ₹743 and next may trail upto 790 levels or more
Stop Loss: Below ₹590 for risk management.
Disclaimer:
This analysis is for educational and informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment decisions.
EMAMILTD | Long Term Investment 5EMA MonthlyEMAMILTD | Long Term Investment 5EMA Monthly
This is base on 5 ema Monthly candle breakout stock
Note - Only for education purpose
EMAMI LTDAnnual Revenue rose 4.32%, in the last year to ₹3,624.89 Cr. Its sector's average revenue growth for the last fiscal year was 3.7%.
Quarterly Revenue rose 6.61% YoY to ₹901.94 Cr. Its sector's average revenue growth YoY for the quarter was 3.85%.
Annual Net Profit rose 13.13% in the last year to ₹723.53 Cr. Its sector's average net profit growth for the last fiscal year was 13.57%.
Quarterly Net profit rose 3.09% YoY to ₹148.9 Cr. Its sector's average net profit growth YoY for the quarter was 5.99%.
Stock Price rose 61.48% and outperformed its sector by 50.01% in the past year.
PE Ratio is 37.74, lower than its sector PE ratio of 57.49.
Debt to Equity Ratio of 0.03 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
ROE for the last financial year was 29.57%, more than 20% in the last financial year, indicating an efficient use of shareholder's capital to generate profit.
Short Term Trading Opportunity in Emami Ltd for >20% upsideHi,
NSE:EMAMILTD has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Emami-A pre breakout tradeLogic: Inverted head and shoulder formation in weekly chart
Weekly closing above 630 will be a confirmation of breakout
Levels mentioned on chart. FMCG sector has started to gain momentum.
If you like my analysis, do follow me for more such ideas.
And a happy new year to all my viewers. Hope you all have a prosperous & profitable year ahead!
EMAMI Ltd (at support)EMAMI results were quite decent and right after the results the stock is showing some signs of reversal. Enter with limited qty to accumulate a little in the coming days.
NOTE: I'm not a SEBI REG. Study before investing.
Emami LTD (Trendline Breakout Setup)Emami LTD has given a trendline breakout on a weekly time frame. The stock might head towards 680, 750, and 800 levels in the next few months. Also, a volume spike is visible on the weekly closing candle. The stop loss can be placed at 588 level.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
EMAMILTD - Ichimoku Breakout📈 Stock Name - Emami Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 612.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
Excited about this analysis? Share your thoughts in the comments below!
👍 Like, Share, and Subscribe for daily market insights! 🚀
#StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #smallcap #EMAMILTD
Emami Ltd - A Multibagger stock for upcoming yearsWhat a Chart !!! Its a very good Investment stock for upcoming years and it may give multifold returns....The reason behind this idea is the pattern which i have marked in chart where stock is formed multiple wave 1 and 2 and it may bounce sharply to justify the personality of wave 3.
Trade-62/100-EMAMI-R:R Experiment-BuyBuying EMAMI in DAILY positional trade
Good structure making HH-HL.
Weekly view - Emamiltd - Oct 16, 2023The Emamiltd chart indicates strength as it retraces with decreasing volumes and maintains levels above the breakout point for over two months. It has the potential to retest higher levels soon.
Emami Bullish HarmonicsEmami Bullish Harmonics Found
PRZ - 295 - 313
SL - 289 ( Weekly Closing Basis )
Target - 380/410
EMAMI LTD Breakout Reason to go Long:
1. Trend Break
2. Earning reports are speculated to be good.
3. 23% Fib retracement bounce .
4. MACD crossover
NSE:EMAMILTD
EMAMILTD READY FOR UPMOVE 16-18 %Kindly check the chart, all the details and chart pattern is clearly visible.
Disclaimer: Use all data for learning purpose.
IS EMAMILTD READY FOR ATH? BULLISH.
INVEST OR TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor, so before entering on my view please ask your SEBI Registered Advisor. Profit is your and loss is yours.
EMAMILTD - Ichimoku Bullish Breakout Stock Name - Emami Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 525
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
EMAMILTD - ASCENDING TRIANGLE AND TRENDLINE BREAKOUT 📊 Script: EMAMILTD (EMAMI LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY FMCG
📊 Sector: Fast Moving Consumer Goods
📊 Industry: Personal Products
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover.
📈 Crossover in Double Moving Averages.
📈 There is Ascending Triangle Breakout.
📈 Right now RSI is around 66.
⏱️ C.M.P 📑💰- 486
🟢 Target 🎯🏆 - 522
⚠️ Stop Loss ☠️🚫 - 469
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not a SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
EMAMILTD - Ichimoku Bullish Breakout Stock Name - Emami Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 510.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
EMAMILTD - Trend Line Break - Swing Trader (BUY)EMAMILTD has broken the upper trend line in Daily time frame. We can go long.
Buy above 465
Stop Loss = 430
Target = 500 / 578
Thanks!
#EMAMI #StockmarketEMAMI Ltd
Stock on daily and Weekly chart gives 11 months old trend line BO (but volume seems less)
And today retested its resistance levels
Could be a safe bet if buy above 475 levls (which is also 200EMA levels) and further add above 490 levels
for positionally 4-5% further upmove
Keep trailing SL to maximise profits
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
Please Like & Follow
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #ShorttermEMAMI LTD
Stock recently give channel breakout and looks good for min 5-6% upside move in short term
Buy above 480/490 levels on closing basis
for swing targets of 500/520 levels
***Risky Call***
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
