Emami _ Beautiful chart, beautiful breakout - Target 465
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
Emami - will it breakout of the consolidation arc
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
Buy at 350.00 stop loss 333.00 Target 400.00 Trade with your responsibilities
BUY ABOVE 358 TARGET 383 416 448 470+ SHORT TERM SUPPORT PLACED AT 280-300 ZONE
Short Term target 330+ due to volume momentum in this stock
EMAMILTD - breakout and upper circuit 20%
Can we see a new triangle story from emami ltd on daily chart? time test! NSE:EMAMILTD
NOT A BUY RECOMMENDATION!!CAN THE STOCK TEST 270 IF 216 IS HELD AS SHOWN IN THE CHART!
disclaimer.. not an investing/trading recommendaiton