On the verge of breakout ✌✌This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
EMAMILTD trade ideas
Emami - Breakout + Volume expansion + Triangle patternsKey Highlights:
1. Bullish market structure
2. Volume expansion
3. Trendline breakout
4. Symmetrical triangle pattern
5. Ascending triangle pattern
6. Buy on pullback only
7. Support zone: 512-521
8. Target: 566, 602, 638.
9. Stop loss: 493
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
EMAMILTD Marching Toward Target 4 and Target 5All Targets are mentioned in the chart.
My position @ 518
Intraday Trade : watch for box breakoutby above 567 in Intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
EMAMI (DAILY)breakout is seen, wait for a retest, if sustains good for target 575 with stop loss 540 or you can trail.
EMAMILTD to take long entryLong above 540 SL 528 TGT 565 . entry can be taken once the BO of TL with Positive candle. Good risk to reward trade. Also positive divergence can be seen in the RSI. This is for your educational purpose only.
EMAMILTD if Forming Cup With Handle PatternEMAMILTD if Forming Cup With Handle Pattern
Buy Between 508 and 520
All Targets are mentioned in the chart
Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
EMAMI LTD- Stock trade in ascending channel
-Next level to watch 588/630 levels
-Support is near 514 level on chart
Emami Ascending triangle. If breaks 566+ target 610Emami Ltd has broken the resistance of 16/4/21 and heading towards a new high. It is in a ascending triangle and if the trend breaks at 566+ levels it may go upto 601. Good accumulation is also seen. RSI is 71.7
My view is personal. Please watch the market condition and invest on your own risk.
EMAMILTD - Pyramid Investing Me - What should I say?
Viewers - Nothing, everything is clear in the charts itself.
Emami Ltd. Breakout bullish.. Emami Ltd. Broken it's wedge pattern in 4hr timeframe... Will surely reach its target in few trading session.
#EMAMILTD CMP 525.75 TARGET 668(25%+) $GLD $NIFTY $EMAMILTD $GS#EMAMILTD
NSE: EMAMILTD
CMP 527.75
Target 1: 596 +
Target 2: 668++
SL 495
Time Frame < 7 months
Can hold the stock after booking in parts.
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Crossing 44 MA & short Resistance This is Just my way of thinking .
NB: Analyze the stock yourself before you trade
