EMAMILTD trade ideas
EMAMI : LONG TERM / INVESTMENT VIEWPrice 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!
A Buy Long set up, Triangle Breakout.Triangle breakout to complete wave5th. Rising volume indicate good partcipation.
EMAMI- 8 ka funda 100>200 fOR bIG tARGETSEMAMI- 8 ka funda 100>200 fOR bIG tARGETS
Days = 90 , gap = 1.05, range = 0.35
1) RAnge breakout possible
2) EArlier N8Q detected
3) Darvas Box Breakout possible
4) Multi year breakout from 2008 trendline.
EMAMI LTD WEEKLY CHART FORMATION OF CUP AND HANDLE PATTERNEmami ltd is showing wondeful formation of cup and handle pattern on all 3 major time frame i.e daily, weekly and monthly. Company has generated good profits over years and is cash rich company with healthy dividend of 8 rs per year.
*This is just for educational purposes. Trade at your own risk.
Trade-62/100-EMAMI-R:R Experiment-BuyBuying EMAMI in DAILY positional trade
Good structure making HH-HL.
Weekly view - Emamiltd - Oct 16, 2023The Emamiltd chart indicates strength as it retraces with decreasing volumes and maintains levels above the breakout point for over two months. It has the potential to retest higher levels soon.
EMAMI BREAKOUT FROM LAST SWING HIGHEMAMI LTD has given breakout from last swing high(LH), Present price Rs.528 with good qtr result and expected target T1-600 and T-672, SL-499
Emami Ltd breakout and retestEmami Ltd retested after breakout. Perfect time for a new entry. Don’t forget to put stop loss below 500.
EMAMI ANALYSISA reversal can be seen in the charts. A swing trade can be traded with the given SL and Targets.
BREAKOUT IN EMAMI, 80% RETURNS!!!BUY - EMAMI LTD
CMP - Rs. 409
Target - 1: Rs. 598
Target - 2: Rs. 676
Target - 3: Rs. 739
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Technicals - Bullish Flag, Cup and Handle
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This is just a view by an expert analyst, please invest at your own risk.
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Emami Bullish HarmonicsEmami Bullish Harmonics Found
PRZ - 295 - 313
SL - 289 ( Weekly Closing Basis )
Target - 380/410
Emami LtdEmami ltd
Uptrend channel pattern took support
Buy above 428 | Tgt 437, 447 and 465 | sl 417
EMAMI LTD Breakout Reason to go Long:
1. Trend Break
2. Earning reports are speculated to be good.
3. 23% Fib retracement bounce .
4. MACD crossover
NSE:EMAMILTD
break out with good volumevolume is good
breakout and support on trend line on long term.
emami is a good company to invest in.
RS is on up side.
EMAMI LTD TARGET 440EMAMI LTD travels from support to resistance in a downward channel pattern. If it opens and sustains above 395 daily it will reach the target of 440
EMAMI Ltd - Buy BackFiguredEngaged in the manufaturing and marketing of personal and health care produts. Technically a weak bearish stock passing through a downward paralel channel which is under its 52 week low zone. High % of increase in promoter pledges .Now board of directors of the company is scheduled to be held on last trading day of this week to mulls the proposal for buyback of fully paid-up equity shares . Depends on the buy back rate announced the price may surge
emami ltd buy above 396buy above 396 for a target of 420, target according to upper trend line. sl may be kept below 385, previous candle low
EMAAMI LOOKING A GOOD BUY CANDIDATElong bullish engulfing candle has given closing above 19th Dec levels, looking like a good buy candidate, only for education purspose
EMAMI topped in 2015.Emami topped in 2015, i.e. it made a top of Rs 628.5 in Aug 2015. The price never crossed it. Now seeing the chart we can see price falls whenever price enters the range of 590-700. Observing other stocks, we are seeing similar trends. Which indicates that the trend line could also break soon. Hence it can be the sector to study.
