EMSLTDEMSLTD seems good to go long. As it rebounced from support zone. Also shown lesser participation while going down. This confirms the trend change!
EMS
EMS limited showing good strength on weekly chartsEMS limited- A recently listed Electronics manufacturing company is showing strength on weekly charts. After retracing from recent highs the price bounced from fibbonacci 23.6% levels and is looking prime to touch recent highs. A buy above 500 with stop of 420.
EMS hits new high, soars 16% in 2 days;EMS hits new high, soars 16% in 2 days; commands 46% premium to issue price
A combined 1.22 million equity shares representing 2.5 per cent of total equity of EMS have changed hands in first 25 minutes of trade on the NSE and BSE.
Shares of EMS hit a new high of Rs 322.20, as they rallied 6 per cent on the BSE in Friday’s intra-day trade on the back of heavy volumes. The stock of the company, engaged in water supply & management business, has soared 16 per cent in past two trading days.
BHCL SWING TRADEAs per the 4h chart the bullish candle in devloped at the support levels.
The RS indicating positive.
The RSI also indicating good strenght.
The Break out in smaller time frame.
The price at Moving avrage Support.
Entry : 111
SL : 106
T1 : 120
T2 : 128
