Electronics Mart India Ltd (EMIL) – Strong Bullish Momentum Price Action
CMP: ~₹165–167 (Sept 22, 2025)
The stock is in a strong uptrend and has recently seen a significant price jump of over 4% in a single day.
Price is trading well above its short, medium, and long-term moving averages, confirming a solid bullish trend.
The stock is currently trading near its recent high, which could be a prelude to further breakout.
Indicators & Momentum
RSI (14): ~70.06 → The stock is entering the overbought zone, which may suggest a short-term consolidation or pullback.
ADX (14): ~41.08 → A high ADX value confirms that the current uptrend is very strong and gaining momentum.
EMAs: The price is trading well above its 50-day SMA (~₹134.65) and 200-day SMA (~₹139.90), a clear sign of strength and long-term bullish alignment.
Volume & Market Structure
The current trading session has seen exceptionally high volume (over 4.6 million shares), which is a massive surge compared to the average daily volume of the previous week.
The volume-backed price surge confirms strong buying interest and is a powerful signal for continuation.
Key Levels
Resistance: The immediate resistance is the intraday high of ₹167.55. The next major resistance is the 52-week high of ₹225.50.
Support: The previous high around ₹157 now acts as a support level. Below that, the EMA cluster around ₹135 provides a solid base.
Upside Targets
T1: ₹175
T2: ₹185
T3: ₹225+ (Extended swing target to new 52-week high)
Invalidation
Close below ₹157 = short-term caution.
Close below the 50-day SMA (~₹135) = medium-term weakness.
Trading View Bias
Bias: Strongly Bullish
Short-Term: ₹175 → ₹185
Medium-Term: Potential for a move towards the 52-week high.
Cautionary Note
This analysis is for informational and educational purposes only and should not be considered as financial advice. The stock market is highly volatile, and prices can change rapidly. All investment decisions carry a degree of risk.
EMIL trade ideas
Electronics Mart India cmp 157.90 by Daily Chart viewElectronics Mart India cmp 157.90 by Daily Chart view
- Support Zone 135 to 147 Price Band
- Resistance Zone 165 to 178 Price Band
- Falling Resistance Trendlines Breakout seem sustained
- Volumes surging heavily above avg traded qty over past few days
- Bullish Triple Bottom with considerate Cup & Handle around Support Zone
- Support Zone price band is under testing retesting phase over the past 2 weeks
### EMIL Price AnalysisElectronics Mart India Ltd (EMIL) recently closed at around ₹144, showing a modest uptick after a period of volatility. The stock has rebounded sharply over the past month, gaining over 16%, yet it remains well below its 52-week high of ₹262. The past year has been challenging, with the share price down more than 35%, underperforming both its sector and the broader market.
Technically, EMIL is trading above key short-term moving averages, suggesting a short-term uptrend. The price is above the 20-day and 50-day averages, but still below the long-term 200-day average, indicating that while momentum has improved, the broader trend remains cautious. The stock’s volatility is notably high, with weekly price swings above the market average.
Momentum indicators like MACD and RSI are showing positive signals, but there are early signs of momentum loss, and volume-based indicators suggest some recent selling pressure. The stock is currently near a resistance zone, and a sustained move above ₹150 could trigger further upside, while support is seen around ₹138.
Fundamentally, EMIL has demonstrated steady revenue and profit growth over the last few years, but recent quarters have shown a decline in profitability. The company’s price-to-earnings ratio is on the higher side, suggesting it is not undervalued relative to its earnings. Analyst forecasts indicate moderate growth potential, with a one-year price target in the ₹160–₹190 range.
In summary, EMIL is showing signs of a short-term recovery with improving technicals, but long-term investors should remain cautious given its recent underperformance and valuation concerns. A clear breakout above resistance levels would strengthen the bullish case, while failure to hold above support could lead to renewed weakness.
Looking good for investment Electronics Mart India Limited is the 4th largest consumer durable and electronics retailer in India. The company offers a diversified range of products with a focus on large appliances
The company offers products from 100+ brands comprising of 8,000+ SKU across product categories
Strengths
• Good profit growth of 46.40% for the Past 3 years.
• Good revenue growth of 25.21% for the Past 3 years.
• PEG ratio is 0.75.
• Promoter holding of 65.17%.
• FII holding still 8.68% as of Mar-2025
Limitations
• The company is trading at a high PE of 37.21.
• FII holding reduced from 9.23% to 8.68 from Dec-2024 to Mar-2025
Note: I am not authorized technical analyst, this chart is shared only for educational purpose. Please do your own financial assessment before investment.
Electronics Mart India Ltd (NSE: EMIL) Electronics Mart India Limited incorporated in 1980,is the 4th largest consumer durable and electronics retailer in India. The company offers a diversified range of products with a focus on large appliances (air conditioners, televisions, washing machines, and refrigerators), mobiles and small appliances, IT, and others. The company's offering includes more than 6,000 SKUs (stock keeping units) across product categories from more than 70 consumer durable and electronic brands. Emart is the largest consumer durables and electronics retailer in the Southern region, particularly dominant in Telangana and Andhra Pradesh, and ranks as the 4th largest retailer in India by revenue, offering consumer electronics, appliances, and IT products from 100+ brands.
Dominant player in South & Central India (like DMart in retail).
Expanding to North India (high-growth market).
Strong financials: Revenue CAGR of ~20%, debt-free.
Omnichannel strategy (online + offline).
SIMILAR PLAYERS RISKS: Competition from Reliance Digital, Amazon
EMIL: RRR- R(un) R(est) R(un) modeAfter running for 305% in 1.25 years, EMIL is in consolidation phase for another 1 year. Reached the box bottom now and completed the 0.5 Fib retracement. Can go to the box top slowly as no bullish pattern is found so far. Can see a good upmove once the box breakout is done. So fresh entries are avoided if there is a plan for short term entry.
ELECTRONICS MART INDIA LONG CONSOLIDATION BREAKOUT POSSIBLEEMIL shown tremendous strength from IPO LISTING TO 250 LEVELS.
THIS RETAIL GIANT IS AGAIN READY FOR BIG TARGETS
Recently promoter sold stake & SBI Mutual
Fund bought maximum of stake sold by them.
It is in Long consolidation with tight base formation heading towards new highs.
EMIL 12-06-2024Happy learning with trading. I just shared my view. If correct give me one like. If not correct me.
Points to Note:
1) breakout with decent volume.
2) consolidation over it seems.
3) Enter at CMP or 225-235 Range for the target.
Disclaimer:
I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.