Bullish Setup on Emcure: Previous Resistance Now SupportCurrent Price: 1453
Target Price: 1600
Stoploss: 1385.40
The stock is showing a bullish pattern after breaking above a key daily resistance level, which has now turned into support. Additionally, the 20-day EMA is acting as a dynamic support, helping to sustain the current uptrend. These technical signals indicate strong buying interest around the 1450 level with Reward to risk ratio around 2:1