Triangle breakout but plz wait for Monday, because market close 4 days, I think Monday is good idea For entry... I am not a professional trader, Plz trade or buy you're own Risk...🤟
fantastic results medium term target 163 Sales : 95 Crs. Vs 38 Crs. Net profit : 19 Crs. vs 1 Cr. 19x folded returns then same quarter in previous year. FIIs increasing their stake. Highest ever TTM profits , higher by 319% than 5 years ago!
Wait for the resistance breakout to take entry. closing and sustaining above 140 can lead to a good breakout. Targets are mentioned in the chart.
Clearly divergence can be seen on the daily charts and also huge volume can be seen which lead to breakout. Buy above 137.10 for the targets of 150-152 Disclaimer: This is just for the education purpose and always take advice of your financial advisor before investing.
Successful retest after breakout. Excellent Risk-Reward - SL 122 Target on chart
WITH SHORT TERM TARGET OF 200-220 AND MID TERM TAGET OF 300 EMKAY CAN BE A BLESSEING FOR INVESTERS
Technical summary - 1. Stock was in a long term downtrend from 2017 highs of 320 2. Higher high and higher lows formation that indicates trend reversal 3. Rounding bottom pattern was clearly visible in weekly chart followed by a breakout with big volumes 4. Last time when similar volumes were seen then stock made a big rally from 100 to 320 in a very short...
Superb chart consolidation and breakout. Price can go till 115-150-175 short term.
- Stock is forming a ascending channel pattern. -Stock break and sustain above 100 Next level to watch 115/140/170/200 levels . -Support is near 80 level on chart.
EMKAY GLOBAL FINANCIAL - ROUNDING BOTTOM PATTERN BREAKOUT TARGET:120
Watchout emkay global in the upcoming days. It has been facing resistance at the current levels for multiple times. If it breaks and sustains above 80-85 levels, we can see strong upside for targets 110, 150. I’m not a registered analyst. Please analyse before investing.
Inverse Head and Shoulder on weekly chart, I am expecting a move till 120. Can still enter at these levels This is just my view and not a recommendation for anyone to buy. Use your own risk management
emkay global, has generated a breakout opportunity, for entry, buy and accumulation mode on, for shrt trm trgt of 109, and med trm trgt of 134 = 65%
Look on the weekly volume bars, they clearly tell the story of prolonged accumulation. A huge volume spike supported BO finally happened today. Inv H&S is one of the best bets again. Note: This is weekly chart. The weekly candle will still vary, take your position as per daily TF