EMUDHRA LTD#EMUDHRA
Ascending Triangle pattern is formed & the stock is
trading at strong resistance. We can see a breakout
as volume is rising in the stock, support of 50MA in daily chart.
The ratio chart is also on breakout.
EMUDHRA trade ideas
EMUDHRA - Ichimoku Breakout📈 Stock Name - eMudhra Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 947.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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#EMUDHRA - Cup & Handel BreakOut in Daily chart📊 Script: EMUDHRA
Key highlights: 💡⚡
📈 Cup & Handel BreakOut in Daily chart.
📈 Price consolidated near Resistance
📈 Volume spike on BreakOut
📈 MACD Bounce
📈 One can go for Swing Trade.
BUY ONLY ABOVE 960
⏱️ C.M.P 📑💰- 950
🟢 Target 🎯🏆 – 20%
⚠️ Stoploss ☠️🚫 – 10%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with MMT. Cheers!🥂
"EMUDHRA LTD"Price touched a new high & fell to retracement/retest level 0.23% & on Wednesday made a green candle but with a wick at top a indication of reversal price took support from 20 DEMA & On 10-4-2024 10-DEMA support taken & on day time frame on line chart you can see stock forming a "INVERTED HEAD & SHOULDERS" pattern & confirmation on 771.80 above price sustains, On hourly basis price in a 100 points range & immediate resistance at top so let it break once; so for tomorrow i.e. Friday 12/4/2024 if price sustains above 746 then 757-763.55 tgt level can be seen, if price goes below 734 then can fall to another 10-15points or can till 720.45 level or if more weakens then can fall till 713.50.
Small Note: on 15min time frame plot 9&50 dema you'll see then 9 ema crossed 50 ema from below price moved up so same thing done it will fail if price goes below 735 level.
NOTE: I'm analyzing the stock for first time, so if there's a mistake or levels doesn't meet or gap up or gap down scenario then wait for at least 30 mins before taking any trade.
DISCLAIMER : I'm not a SEBI registered analyst/financial advisor & the above analysis is for educational purpose to give a small idea about stock & its move so before taking any position/trade please consult with your Financial advisor.
EMUDHRA 1D levels support resistance 👑EMUDHRA👑
CMP : 836.10
Entry : ABOVE 842
SL : 777
Target : 992 - 1000
EMUDHRA Weekly swing trade Solid base built after a strong breakout.. Bullish engulfing on Weekly time frame..
Entry around 900 and stop below 835
Target minimum 3 times risk..
EMUDHRABase kver base pattern, Been a month in this rectangular base, showed resistance to fall recently
Seems ready now
EmudhraEmudhra is showing its strength and trying to retain its momentum. The Chart looks good from a Weekly / Daily perspective as well. This can be a positional trade considering stock is ok fundamentally.
EMUDHRA - BASE ON BASE FORMATION WITH BREAKOUTHi All,
This idea is about EMUDHRA
Fundamentals
Market Cap - 7438 Cr
Stock PE - 98.7
ROE - 14.4%
ROCE - 17.7%
Promoter Buying - 54.4
Quick Ratio - 5.71
D/E - 0.01
Emudhra is a licensed certifying authority involved in issuing digital signature certificates in India under its eMudhra brand. The company is licensed by the Controller of Certifying Authorities (CCA), Ministry of Information Technology, and operates under the guidelines set by the Information technology Act
Technicals
After forming 2 bases, the price action is poised for stage 3 advance before forming next base. All the stages are shown in chart for clarification
Hope you'll enjoy this idea,
Happy Trading,
Thanks,
Stock-n-Shine
EMUDHRA BULLISH BREAK OUTIts a bullish breakout with huge volume.Its a up flag and good consolidation of flag pattern breakout. target will hit within 33 trading days.
EMUDHRA - DARVAS BOX BREAKOUTPrice action first broke weekly rising wedge channel
Then consolidated on daily TF forming a Darvas Box
Price Action has now broken out of Box and could potentially make an upside of 20-30%
EMUDHRA - good setup to take positionNSE:EMUDHRA
cmp 862
EMUDHRA giving nice breakout above 844
good setup to enter here
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
EMUDRA Long (Positional)BO TRADE
EMUDRA
Looks Good ABOVE 780
Aggressive Buyer can buy @CMP
SL 680
Targets 800-857-913-945
Hold few months
Please consult your financial advisor before investing
All research for educational purposes only.
Reversal from bottom, RSI is shifting in upper direction. Stock is ready to cross past barriers with good volumes.
EMUDHRA - 1 Year consolidation Breakout eMudhra Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (May, 2023) . Now It has given a consolidation breakout & Closed at it's All Time High with good bullish momentum in Weekly Time Frame.
3) The stock may perform well in the short term.
4) Recommendation - Strong Buy
EMUDHRA. BULLISH SETUP IN A WEAK MARKET.I look for strong closing strength stocks on general market weakness days. This stock fits well to my strategy.
This is a strong candidate for buying for me because of two things:
1. Strong closing in weak market
2. Price closing above all the resistance levels. Previously it was witnessing selling at these level, but today closed above them all.
Breakout above: 607
E Mudhra Ltd WeeklyE Mudhra LTD weekly chart.
Weekly breakout with huge volume. Can enter after retest
Flat base breakoutthe stock broke out from the flat base with a huge volume in the weekly chart and follow-up in the daily candle is good strength in the stock.
Buy EmudhraStock made a strong Breakout and Established its Uptrend.
now Consolidating above the Breakout area.
Priceaction and Divergence Happened., which shows minimum risk to high reward.
Favourable Swing trade.
EMudhra! For doubling your mudra :)strong breakout with volumes
a good buy from here for 10% swift upside.
this is just for educational purpose.
Forecasting EmudraStock is testing Flag & Pole, key and important levels now to sustain is 471. RSI & MACD is at present neutral to positive but not bullish. However, the stock is witnessing a good volume. Thus, it may test a bit of patience but it kept will likely to witness levels beyond 700+
#EMUDHRA Looking good for short term & RSR needs to improve.#EMUDHRA is satisfying Mark Minivini's criteria only 50 SMA/DEMA is not in line with the price. once it moves above 450 will be good for the short-term. Price action candles show good strength in the future.
