BUY - 499 SL- 484 TARGET 1 - 529 TARGET 2 - 544
As per my analysis, EMAMI LTD. is trading in a higher high - higher low formation on a weekly timeframe which confirms bullishness in the stock. It is currently trading near the support trendline which can be a low-risk entry. It has the potential of reaching the target of 550+ within the next 1-2 months with a stop below 460 levels.
As per my view Emami Ltd is forming an head and shoulder pattern in Day chart Entry will be at 440-460 for short term traders(1-3months) and target can be 510 range.
BUY NEAR 488 -494 TARGET 520-540 SL 474
1.The group completed the sale of its cement business to Nuvoco Corporation Ltd in July 2020 for an enterprise value of Rs 5,500 crore. The completion of Emami Cement deal with Nuvoco has been an important step in the Group’s stated objective and commitment to release the Promoter Pledge 2.FMCG – Emami Ltd -The flagship company of the Group & one of the leading...
Provided Intraday Trade for Monday on Emami Ltd. Already formed CUP & HANDLE pattern and about to breakout. Possible target mentioned on the chart. Buy only above Resistance. ONLY for EDUCATIONAL purpose.
EMAMI LOOKS GOOD TO ENTER 470/475 FOR 500/550 SL 456 POSITIONAL
EMAMILTD is looking very strong for next week. It will move upside till 520/540/560, so anyone can buy at 480-460 with the STOP LOSS of 443. NSE:EMAMILTD
Major points of analysis and decisions - 1. Trend pattern upside 2. Stock is at the below of trend channel 3. Doji formation at the bottom after many red candles showing an indecision among sellers or weakness in sellers 5. Strong long tail doji 6. RSI 50 Target 423-432
waiting for breakout.... breakout can take it higher ... lets see how price reacts to resistance
This analysis is purely based on price action The analysis is on Weekly TF hence target can be achieved in couple of weeks to months Trade strategy is explained in image itself. Entry above high of the candle. Always plan your trade & trade your plan Keep trailing SL accordingly once in trade SL should be on Weekly/Daily Closing basis as per trader's own...
Emami hourly consolidation we see sustain above 356we see 370@380above 361 sustain we see more upside possible 370@380 Keep. Radar