Search in ideas for "EMA"
Nykaa's Trading strategyEMA 50 is trading at 1510 levels and also the stock has taken resistance at 1538 level couple of times as seen in the chart and also formed a support at 1331 level.
If in the next couple of days, if the stock cuts the EMA 50 line and sustains above 1538 - 1556 level for a day or two, we can surely see an uptrend to the levels of 1735 and 1920 levels. Else, the stock will follow its down pattern towards the level of support.
EMA 200 - Key Support breakdown?Berger Paints is a leading Paints segment company in India.
After tepid results from Asian Paints as well, the share has seen a fall in prices.
It is at 37% discount from High, levels which have been key fibnacci support for it in the past as well.
It remains to see if the share can recover from here, or more fall is due.
Not an Investment advice, only for research purpose.
EMA 200 - Will Support hold?Voltas is a well known company in FMEG segment in India.
Share Prices are trading at around 35=40% discount from recent high, as a consequence of a slow quarter.
Its competitor Havells did not post convincing numbers and its shares plummeted as a result of it.
Since the prices are around a strong support region, it remains to see how the price will meander next.
Not an Investment Advice, only for research purpose.