INTRODUCTION
Here we are sharing the latest chart analysis and entry and short term targets. You can trade on both intraday and positional on Emami. Emami is engaged in manufacturing & marketing of personal care & healthcare products with an enviable portfolio of household brand names such as BoroPlus, Navratna, Fair and Handsome, Zandu Balm, Kesh King, Zandu Pancharishta, Mentho Plus Balm. Wait for proper breakout with volume to get this trade active.
The Company has reduced its debt and the Company has almost no debt. The company has been maintaining a good dividend interest of 65.98%. The downside is that Stock is trading at 14.09 times its book value. The company reported a negative sales growth of 4.08% over the past five years. Promoters have pledged 30.92% of their holding. promotor Holding has dropped over the past three years
EMAMILTD LATEST CHART ANALYSIS
- Buy above 571
- short term targets 580, 584,596
- Intraday targets 1%, 2%,3%
- Stop loss 542
- intraday stop loss as per your risk reward.
CONCLUTION
Wait for proper breakout with volume, I recommend to trade only in delivery trade. Also apply your own analysis before enter in any trade with proper stop loss and disciplined trade.
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