Emami Ltd retested after breakout. Perfect time for a new entry. Don’t forget to put stop loss below 500.
A reversal can be seen in the charts. A swing trade can be traded with the given SL and Targets.
BUY - EMAMI LTD CMP - Rs. 409 Target - 1: Rs. 598 Target - 2: Rs. 676 Target - 3: Rs. 739 . . Technicals - Bullish Flag, Cup and Handle . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Emami Bullish Harmonics Found PRZ - 295 - 313 SL - 289 ( Weekly Closing Basis ) Target - 380/410
Reason to go Long: 1. Trend Break 2. Earning reports are speculated to be good. 3. 23% Fib retracement bounce . 4. MACD crossover NSE:EMAMILTD
volume is good breakout and support on trend line on long term. emami is a good company to invest in. RS is on up side.
EMAMI LTD travels from support to resistance in a downward channel pattern. If it opens and sustains above 395 daily it will reach the target of 440
Engaged in the manufaturing and marketing of personal and health care produts. Technically a weak bearish stock passing through a downward paralel channel which is under its 52 week low zone. High % of increase in promoter pledges .Now board of directors of the company is scheduled to be held on last trading day of this week to mulls the proposal for buyback of...
buy above 396 for a target of 420, target according to upper trend line. sl may be kept below 385, previous candle low
long bullish engulfing candle has given closing above 19th Dec levels, looking like a good buy candidate, only for education purspose
Emami topped in 2015, i.e. it made a top of Rs 628.5 in Aug 2015. The price never crossed it. Now seeing the chart we can see price falls whenever price enters the range of 590-700. Observing other stocks, we are seeing similar trends. Which indicates that the trend line could also break soon. Hence it can be the sector to study.
Stock is stood at very crucial level of INR 422.80. As seen in above chart, there are many resistance at upper level, so it is not advisable make any long position in this stock. If stock goes below INR 400 on daily closing basis, stock can be go short for longer period of time.
Kindly check the chart, all the details and chart pattern is clearly visible. Disclaimer: Use all data for learning purpose.
Buy can be done at site 339 on the way back from the marked place,,, Take only your suitable trade it is only a learning requirement
#Emami seems trend reversal Price Rise with Volume CMP:473 @ 29 November 2022 Disclaimer: I am sharing my knowledge or research and not recommending that you buy or sell.
EMAMI as per day chart analysis Stock ABOVE 480 TARGET 490. Happy Profitable Trading to All...
Emami : Looks great for Round bottom breakout Closing above 486 is crucial for further possible upmove