emami ltd is on buying mode we jus have to wait for retrace and reversal we can buy and wait for good opportunity
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 After Covid Fall rose in 5 move structure and then down 3 move structure then rose to 81 % level from last important High. Now took support of Golden Ration level from last rise Above 461 this will lead to 580 so have a close look
Stock at month high plus higher delivery volume must be some big player involved
breakout weekly ,hold equity for long term . this is based on my view of the reversal after correction wave
Emami ltd looking good with increasing the volume it can fly after strong breakout and should be retest the level
EMAMILTD | Long Term Investment 5EMA Monthly This is base on 5 ema Monthly candle breakout stock Note - Only for education purpose
In the Weekly Chart of EMAMILTD , we can see that, it has started to be bullish with strong candle. let it create a Halt candle the range and then enter with SL and Target Expected momentum is shown in chart.
NSE:EMAMILTD THis Stock Respect The Support of 2020,2023 Now 2024 We can get Upmovw with Small Stop Loss
What 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.
1. Rising upward channel formation. 2. Huge volume momentum occurred at Resistance level to support breakout. 3. RSI trendline breakout. 4. Suggesting Short term or Positional buy call. 5. Better entry after Super trend bullish confirmation. 6. Target next Resistance level. Happy trading.
Stock completing wave 4th correction & ready to reverse for wave 5th. Entry, SL & target mentioned on chart. Applicable, Add on position also marked on level (on Day Closing basis).
NSE:EMAMILTD Breaking out , SL and Tgt Levels on the chart
Closed above 150 DMA 501.15 with increased volume. negligible debt, with big cash reserve.
Price action: Price remained below 630-650 zone and bounced from 250-270 zone Beyond 650-670 zone, this will be a totally Bull's at play!
Logic: 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!
Reason for long a) Triangle breakout b) weekly breakout c) super vwap breakout d) monthly breakout e) SL compulsory
Chart pattern rounding bottom /C&H / Drava's Box any thing stock