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...
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
many reasons to buy emami 1.emami is making rounding bottom pattern always and never came down . 2 has support of trendling 3. today made bullish engulfing candle at support like share and follow