📊 Script: EASEMYTRIP
📊 Sector: E-Commerce/App based Aggregator
📊 Industry: Travel Agencies
Key highlights: 💡⚡
📈 Script is trading near middle band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages are on urge of Crossover.
📈 Right now RSI is around 54.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 46
🟢 Target 🎯🏆 - 51
⚠️ Stoploss ☠️🚫 - 43
⚠️ Important:...
EASEMYTRIP takes a good support at the rangebound rectangle box. Also now it is above 20 EMA and monthly Pivot. The last day bullish candle with wxcellent momentum indicates an upward movement.
CMP 46.40
Support 45
Target 54.40
Risk Reward 5+
Details are as follows.....
Strengths:
The company has shown a good profit growth of 61.82% for the Past 3 years.
The company has shown a good revenue growth of 45.00% for the Past 3 years.
Company has been maintaining healthy ROE of 48.75% over the past 3 years.
Company has been maintaining healthy ROCE of 61.99% over the past 3 years.
Company has a healthy...
*for educational purpose only.
Easemytrip has formed perfect bottom.From its previous bottom stock is moving towards its resistance.
Volume is showing some strength along with RSI 60on weekly and monthly chart.
Volume is continuously increasing.
Easemytrip is one of the highest beneficiary of growing tourism in India.
The stock has phenomenal sales growth of 45% in past 3 years.
New age companies are risky investment stocks but this stock looks best among all.
Stock will fly once 52 is crossed WCB
I have used fibonacci retracements for targets.
Break out given above the down trend line with heavy volumes good to buy for the target 58 with the stop loss of 42.
Any of my investment or trades I share on my blog are provided for educational purposes only and do not constitute specific financial, trading or investment ...
Analysis for educational purposes only. I am not a registered analyst.
A Higher High Higher Low structure on price action is considered as an uptrend.
- In the daily & weekly chart, we see a breakout of previous Higher High.
- Currently in Higher High retest zone.
- Set SL as previous HL or in cases where there are other lows close by, choose the lowest one.
-...
Hello Guy's i hope you all will be doing good in your trading and your life as well. I have brought a stock where weekly volume is higher than previous few weeks. Stock has given falling resistance trendline breakout and formed double bottom and given a huge breakout of neckline in last trading week. Now price is above neckline breakout and sustaining above. So...
📊 Details
The company offers a comprehensive range of travel - related products and services under the flagship brand ''Ease My Trip''.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also...
Annual Revenue rose 85.86%, in the last year to Rs 464 Crores. Its sector's average revenue growth for the last fiscal year was 21.78%.
The only company in OTA sector to make profit. B2B2C
monopoly listed company business making profit
Quarterly Net profit rose 67% YoY to Rs 47.18 Crores. Its sector's average net profit growth YoY for the quarter was 6%.
Easy...
The phenomenon of trendline rejection is a common occurrence in technical analysis. It refers to the situation where a price trend, as indicated by a trendline, fails to continue in the anticipated direction. This can happen multiple times.
The price action of the asset has exhibited a breakout above the trendline, followed by a subsequent retest of the breakout...
With a BRILLIANT marketing ploy by EMT to make themselves visibile and get marketing for free thanks to the maldives fiasco..they could also gain more loyal customers.
PS: I am a loyal user coz of zero convenience.
The stock was in a downtrend but seems to be reversing.
Price has moved above the AVWAP of the entire downmove.
With tourism suddenly becoming a...
The stock has been moving slowly but steadily. The travel sector has a huge potential and this script has a huge upside. The sales have also been rising over the last three quarters. No shares are pledged which is a huge positive.
