EmamiLtd. Good stock for swing trades 1. Emami make head & shoulder pattern and breaked with good volumes 2. Ema-mi Ltd. consolidated at channel in since a long time and breaked channel in some days before. this time at retest formation CP~ 485 Target - 520-540
NSE: EMAMILTD CMP: 486.35 Target 596 ~23% Stop Loss: 450 Trailing RR > 3 Tf 6M. NSE:EMAMILTD Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings...
Emami ltd view for tomorrow follow strict risk reward
Taking support at Channel Pattern Can reversed upto @452 - 465 stop loss channel lower level
A potential breakout in Emami above 480....! For education purposes only..!!
Emami took support on 255 EMA and bounced back ... now took support at 200 EMA and bove it Good Volume coming in it Buy at 533 SL 504 Tgt 579 -608 - 635 Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing.
reported a 56 per cent jump in consolidated profit after tax at Rs 185.25 crore in the second quarter ended September on the back of higher revenue and cost optimisation measures. The company had posted a consolidated profit after tax of Rs 118.45 crore in the second quarter last fiscal
Emami Ltd, has been under consolidation since a long period. Finally has shown some sign of reversal for the given targets
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near swing high.
The stock has reached lower trend line and took support and is ready for a reversal rally. Trade is supported by brokerage calls.
Emami Limited with good movement is heading towards its long term resistance level. Coupled with the strength in thr business profile and financial profile, the stock has potential to reach the level of 665 and could provide a multiyear breakout if supported with good volumes.
Emami has broken out of channel like pattern....targets marked..From Technical analysis point of view it appears as if it will go up...let's wait and watch.
EMAMILTD took BO and retested.. ready for next Target
If it will break channel then u can go for long
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. For larger perspective, check out the below image - The above analysis is purely for educational purpose. Traders must do their own...