Noticing the PA and the support at GANN imp level, it seems that EMIL has bottomed out. Yesterday's low is important. Do not think that it will be taken out on closing basis in short term
EMIL is Trading near breakout zone after a basing pattern Wait for Breakout Above 235 FII's Are Increasing their stake. Debt To Equity - 0.86
Stock has made breakout from cup and handle pattern which didn't retrace more than 0.382 Fibonacci of previous rally. This pattern was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks. Electronics Mart has a potential to 2-3x from here onwards as sales were also good in recent quarter. Entry 227 with small stop at gap near...
Electronics mart india ltd. keep an eye. moving around breakout area. Trade long whenever breakout happens.
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts. Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation
Electronics Mart India-Nice Breakout Capital to be deployed- 20k Investing Price -105-108 Breakout Price -100 Stoploss - 89 Targets - 129-154-175 #electronic #StocksToBuy #StocksInFocus #stockstowatch #SwingTrading #Breakoutstock #stocks
Emil formerly known as electronic Mart India Ltd on a verge of all time high breakout keep in list safe sl below the 83 Tgt 1:1 atleast Personally invested in it Ask your financial advisor before buying Only for educational purposes