Enter only when 15minute candle closes above the Entry Zone Price - 766 Target with Risk to reward 1:2 is 847.2 Stoploss only when 1 day candle closes below the price - 725.40 Note: This is not any financial advice, this is for education purpose only.
This is only for information. we are not a Sebi registerd. take it your own risk we are here only for share my idea only. we are not advicefor Spoon trading
As per my analysis, NSE:EMAMILTD has retest its weekly 50% retracement. My entry level is 459, take stop loss of only 10 points which is (449). I will hold till my target of 472, 483 & 493. Follow trail stop loss. Note: This is my personal analysis, only for learning. Thanks.
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
Emami ltd view for tomorrow follow strict risk reward
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.
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.
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.
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...
A general tide has lifted all the boats and now when it's ebbing, to borrow Mr. Warren Buffet's phrase - we will soon find out who is swimming naked. Many stocks have gone from ridiculous to insane levels and they are bound to come crashing down. Emami Limited's first test will be at 900. That support may not hold during the thick of the things and we are more...