EMAMILTD trade ideas
#EMAMI #StockmarketEMAMI Ltd
Stock on daily and Weekly chart gives 11 months old trend line BO (but volume seems less)
And today retested its resistance levels
Could be a safe bet if buy above 475 levls (which is also 200EMA levels) and further add above 490 levels
for positionally 4-5% further upmove
Keep trailing SL to maximise profits
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
Please Like & Follow
Broken out of 11 month old downward channelThe stock has given a breakout of it's 11 month old downward channel and today retested and given a strong closing.
Buy above 474 level (200 ema and resistance) positionally for 4-5% further upmove.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
EMAMILTD | Channel breakout - Looks potential for 16%EMAMILTD | Channel breakout - Looks potential for 16%
CMP : 435
SL : 415
Target : 505
1:4 risk reward setup
descending parallel channel - retest as W pattern - emamistock followed through descending parallel channel
just recently given breakout of the channel with double bottom or w shape retest just near breakout level
buy - when retest level breaks upside
target - every resistance formed by the channel is target as channel formed by some base-correction-base pattern instead of V-shape M-shape correction.
Emami channel breakoutEmami is giving a downward sloping channel breakout. If stock consolidates here that will be good sign for swing trade with 5-10% upside move.
levels are self explanatory on charts.
Disclaimer : This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #ShorttermEMAMI LTD
Stock recently give channel breakout and looks good for min 5-6% upside move in short term
Buy above 480/490 levels on closing basis
for swing targets of 500/520 levels
***Risky Call***
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
Watchout for channel breakoutEmami has been moving in a downward channel for last 9 months and is testing the upper trendline. Buy Intraday (risky) above 488 and positional above 500 (on closing basis) for 5-7% positional upmove.
Learn & Earn,
Dr. Tanya Kumar
Emami about to break out of Inverse Head & ShoulderEmami is forming inverse Head & Shoulders and is also near trendine resistance. Can give breakout.
Buy above 490, SL can ke kept at 462. Target is 544
EMAMI Fib Retracementit has retraced to 38.2% level on weekly chart.
formed hammer on weekly chart at 38.2% fib retracement.
on daily chart continuous downtrend.
closing above 500 on weekly basis will make it attempt ATH.
RSI 5 CrossoverEmamiltd has done the RSI 5 crossover, CMP 490,good to accumulate till 475 with 460 support
525-551+ can be seen in short term.
Disclaimer-
Charts are posted only for Educational Learning and for Technical Experience.
This Channel does not provide directly and indirectly any buy/sell/hold recommendation.
Consult your Investment advisor to take any trade
I am not a SEBI Registered Research Analyst or Investment Adviser.
Ready to break the trendline. Probably tomorrow.This stock is in Descending Traingle pattern but it shows the signs of breaking out above the trendline. Expecting an Elephant bar soon because of the green volume spike on 6th Jan.
EMAMI is looking good at the FIB support level for a rebound. EMAMI has taken support at 61.8% fib lvels on a daily chart. It has retraced and has been consolidating for a while. Keep it on ur radar and do ur own analysis. It can be a long term candidate from here. Strict stop loss slightly below 61.8% fib levels.
emamiNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
converging round pattern - near 200 ema supportbuy stock near 200 ema
to gain accuracy with trade as stop loss hunting is minor
Emami looks good for SwingThe Script is near its 200 EMA, both stochastic and MACD is showing a crossover. For swing go long only above 557, for a holding period of 1-3 Weeks.
EMAMILTDclosed above 50 DMA 547.02 with increased volume..... ... ...... .. .. .. .. . ...... .. . . . . .
PLAN (NIFTY AND BANKNIFTY) FOR 3 DEC AND TWO STOCKS FOR TRADELEVELS 29-11-2021 NIFTY
RES- 1.37500 17200
2.-------- 17562
3.36730 17420
4. -------
5.37200
SUP-1.36000 17300
2.36250 17200
3.35720 17100
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis.
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Maverick Trader
#maverick #trader #mavericktrader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
Channel run by
K.G. Varoon
Dhruv Shah
Emami LtdDouble bottom pattern in Emami. Also delivery percentage was 76% on last trading day which is 26% higher than 5 day average delivery percentage
