NSE:EMAMILTD THis Stock Respect The Support of 2020,2023 Now 2024 We can get Upmovw with Small Stop Loss
What a Chart !!! Its a very good Investment stock for upcoming years and it may give multifold returns....The reason behind this idea is the pattern which i have marked in chart where stock is formed multiple wave 1 and 2 and it may bounce sharply to justify the personality of wave 3.
1. Rising upward channel formation. 2. Huge volume momentum occurred at Resistance level to support breakout. 3. RSI trendline breakout. 4. Suggesting Short term or Positional buy call. 5. Better entry after Super trend bullish confirmation. 6. Target next Resistance level. Happy trading.
EMAMI results were quite decent and right after the results the stock is showing some signs of reversal. Enter with limited qty to accumulate a little in the coming days. NOTE: I'm not a SEBI REG. Study before investing.
Stock completing wave 4th correction & ready to reverse for wave 5th. Entry, SL & target mentioned on chart. Applicable, Add on position also marked on level (on Day Closing basis).
NSE:EMAMILTD Breaking out , SL and Tgt Levels on the chart
Closed above 150 DMA 501.15 with increased volume. negligible debt, with big cash reserve.
Price 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!
Logic: Inverted head and shoulder formation in weekly chart Weekly closing above 630 will be a confirmation of breakout Levels mentioned on chart. FMCG sector has started to gain momentum. If you like my analysis, do follow me for more such ideas. And a happy new year to all my viewers. Hope you all have a prosperous & profitable year ahead!
Chart pattern rounding bottom /C&H / Drava's Box any thing stock
Triangle breakout to complete wave5th. Rising volume indicate good partcipation.
EMAMI- 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 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.
Buying EMAMI in DAILY positional trade Good structure making HH-HL.
The 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.
Good quality stock with perfect time of entry check details in chart
EMAMI 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 retested after breakout. Perfect time for a new entry. Don’t forget to put stop loss below 500.