EMAMIPAP trend analysis good potential stock
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The stock looks good to buy for a quick 10-20% quick profit. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Weekly Chart - Back to back flag and pole breakout. Currently trading in a range of multiple inside candles and triangle pattern.
After a Uptrend Followed by Consolidation, now it is in a rocket mode ready to Fly. So guys keep on your radar.
Morning star formed. RSI rising up and Signal line is cut by MACD line In history also this stoick has respected the chart patterns. It can go really high. Look for 8-10% in a week.
After Breakout with exceptional volume the stock has shown retraction from previous high levels. After a wick rejection from the resistance zone it has again continued its uptrend.
This stock has been a laggard for very long. But it has finally seemed to have got into some action. It has broken a strong trendline offering resistance with very very good volumes. Something is definitely cooking in this stock. Please like and follow. NSE:EMAMIPAP
Support is at 245, target 305