EMAMI LTD SHORT DAILY CHART swingPull back on the way.
Waiting for a short Entry
Entry around 566 to 567
SL 582
Target 531, 510, 414
EMAMILTD
Long position after daily breakout long above 610, with sl 600 and tg 650.....do your analysis before entering
EMAMILTD1) Channel Breakout
2) BB breakout
3) 1D RSI > 65, MACD buy, ADX Inc
4) 1W MACD Buy
5) Volumes are below the Average line Vol should increase to gain momentum
Emami - Breakout + Volume expansion + Triangle patternsKey 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 advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Intraday Trade : watch for box breakoutby above 567 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
EMAMILTD to take long entryLong above 540 SL 528 TGT 565 . entry can be taken once the BO of TL with Positive candle. Good risk to reward trade. Also positive divergence can be seen in the RSI. This is for your educational purpose only.
EMAMILTD - Pyramid Investing Me - What should I say?
Viewers - Nothing, everything is clear in the charts itself.
#EMAMILTD CMP 525.75 TARGET 668(25%+) $GLD $NIFTY $EMAMILTD $GS#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
EMAMI REAL CHART LOOKS GOOD...EMAMI REAL CHART LOOKS GOOD...
Debtor days have improved from 51.89 to 23.41 days.
Company's median sales growth is 142.68% of last 10 years.
EMAMILTD EMAMILTD (DAILY):- LOOKS GOOD FOR 560/600 INVAILD BELOW 450 DCB
1) MA 200 Above :)
2) Hammer at Support
EMAMILTD - Swing setup BUYBased on your money management and risk appetite manage your trade.
EDUCATIONAL PURPOSE!
Trade Set Up / Investment Opportunity in Emami LimitedPlease 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
EMAMI LTD SHORTThe price has made a triple top reversal pattern, which will take the price down to levels of 216. The strategy may fail and hence a stop loss at the previous high created in the trend.
Short at CMP.
SL 233.5
T1: 221.35
T2: 216
EMAMI LTDBuy-> EMAMILTD Above-> Rs. 210 for the target of Rs. 237 – 280++
Stop Loss Rs. 192 ........
Note... Buy only if eod price close above 210.....
......
Do your own analysis &
Comment your views..
....
Thank you,
Vishwajeet Sharma
