Electronics Mart India Ltd (EMIL) shows a strong bullish trend on the 1-month chart, with weekly growth gaining momentum throughout September 2025.
Watch out above 154 around... Look's good for 190 in short term.
Time Frame: Within Few Weeks.
Overview:
Weekly Price Movement (September 2025)
Week 1: EMIL began the month around ₹125, accelerating rapidly above ₹135 by the week’s end.
Week 2: The price broke out strongly to ₹145–₹150, reflecting increased buying volume and positive sentiment due to strong returns.
Week 3: The share advanced further, briefly touching highs of ₹153 before settling between ₹148–₹151.
Overall monthly gain: Nearly 22–24% increase.
Chart Pattern Analysis:
Trend Direction: Uptrend, as price created new short-term highs each week.
Pattern: Breakout above last month’s resistance zone near ₹130, followed by strong upward candles — typical of momentum-driven rallies.
Volume: Weekly volumes surged, confirming strength behind the move.
Volatility: The stock was volatile, but upward momentum prevailed as sellers failed to counter bullish pressure, with intra-week dips consistently getting bought.
Watch out above 154 around... Look's good for 190 in short term.
Time Frame: Within Few Weeks.
Overview:
Weekly Price Movement (September 2025)
Week 1: EMIL began the month around ₹125, accelerating rapidly above ₹135 by the week’s end.
Week 2: The price broke out strongly to ₹145–₹150, reflecting increased buying volume and positive sentiment due to strong returns.
Week 3: The share advanced further, briefly touching highs of ₹153 before settling between ₹148–₹151.
Overall monthly gain: Nearly 22–24% increase.
Chart Pattern Analysis:
Trend Direction: Uptrend, as price created new short-term highs each week.
Pattern: Breakout above last month’s resistance zone near ₹130, followed by strong upward candles — typical of momentum-driven rallies.
Volume: Weekly volumes surged, confirming strength behind the move.
Volatility: The stock was volatile, but upward momentum prevailed as sellers failed to counter bullish pressure, with intra-week dips consistently getting bought.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.