This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏🙏
volume accumulation, breakout, consolidation, pattern and price action
Long Emmbi Industries, Good Set up with increasing volumes on positive side Stop : Weekly Closing Basis : 87; Tgt 1: 131, if weekly close above 131, Tgt 2: 163, if weekly close above 161, Tgt : 209
EMMBI INDUSTRIES as per daily stock analysis is in monthly consolidation zone and once it breaks 110 level then target 118 is achievable.
Emmbi Ltd It has given an multi year breakout plus my favorite 1 year rectangle pattern BO and also showing sings of trend reversal One Can take a long position with SL of 90-2 for a target of 130+ As per the log chart there is resistance around 113-4 levels.
1. Breakout at 94 level then consolidation and then again breakout 2. Good buildup before breakout 3. increase in volume during consolidation 4. high volume on green candles and low volume on red candles 5. high volume candles in daily TF during breakout 6.
TARGET : ₹160 STOCK IS ON 44SMA AND ALSO BREAKOUT WITH VOLUMES WE CAN EXPECT THE TARGET WITH 1:2 RATIO
After being in a Long consolidation phase chart has given breakout with quite good unusual VOLUME. Would suggest to go long at CMP or can apply buy on dip strategy till 110.35 for the TARGET of 134.95 with a strict stop-loss of 110.40 (only on candle closing below basis) . THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS...
As you can see side trend is breaking towards up can be a good movement and has a good potential for upside
EMMBI ltd coming out from good consolidation, currently giving ascending triangle breakout.below are the tgt and sl T1-150, T2-230 SL:75 on week closing basis
Weekly chart analysis - For 9 months, was trading in a range 70-90. Range breakout and Triangle pattern breakout. Buying volumes increasing like rising staircase.
Emmbi Industries Limited is one of the reputed brands in the field of woven polyethylene and polypropylene products.
Swing ..Trade By @100 So 80 Target 140 Only education purpose
You wish for confluence...here it is the KING 👑
Buy EMMBI upon a weekly candle close above 175. T1: 202 T2: 262 T3: 330 T4: 400 SL: 155