EMAMILTD trade ideas
Stay Tuned for the NutsAnalysed levels mentioned on chart!!!
Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
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.....
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Do your own analysis &
Comment your views..
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Thank you,
Vishwajeet Sharma
EMAMILTD - PERFECT SYMMETRICAL TRIANGLE FORMATION.EMAMILTD - PERFECT SYMMETRICAL TRIANGLE FORMATION. Breakup likely to happen in near days .
EMAMI LTD Support at 62% fib retracement on 15 mint chartEmami LTD is showing suppoart at 62% retracement of 180 from its top of 238.
EMAMILTDEMAMILTD has closed near to trend line and forming Symmetrical Triangle and can have BO or BD on either side.
Its CMP IS 194.9 and have strong resistance at T1-200 & T2-204 for buying side and support at T1- 190 & T2- 184 on selling side.
EMAMI LIMITEDEmami Ltd fell from his very high and has try to find a support at around 300 level recovering from its low of around 250 Level. It was clearly because of the Bearish Wolfe Wave formed shown in green color.
And surprisingly the support it has taken seems valid on both monthly and weekly chart. And the accumulation of shares by the Fund houses in the recent quarters are as follows:
SEP '19 JUN '19 MAR '19
58,398,713 88,958,141 51,277,096
(Just take a look at the accumulation phase by the DII'S)
Currently it has given a break out from its recent resistance. And hope it will now move towards its long term resistance. This could be good level to buy for some action in the recent future. However this is a weekly chart and patience with the investment is strictly needed.
EMAMI LTD LONGNSE:EMAMILTD
Only for education and information purpose. Should not be taken as a trading call
CHART BY HARMONIC LEARNING AND EARNING
Can go long in EmamiI see it's almost bottemed out and we can go long with 303 SL for 450-500 target..
EMAMILTD - Bullish Bat - 2H TFBullish Bat pattern is observed in EMAMILTD in 2H Chart. Intraday BUY near 394-395. (Target - 402, SL - 390, read below)
I just started learning harmonics, so I'm not sure about the Target and SL yet. Want to get comfortable first, in drawing patterns according to the rules and see how it works.
EMAMI LTD , Long Idea for Swing trade 19 feb 2019I would greatly appreciate , if you give me LIKE .
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Idea is for positional trading not Intraday trading.
