Emkay global

In my view after long consolidation. Emkay is ready for gud upmove.. May b this week itself. Comments invited

 

Going gud. Thxss

 

Emkay stock weekly chart for Short to Medium Term Purpose

Today it reached Rs. 67 , if it cross 67 it may go to higher levels , immediate supply area is Rs. 76 , and after that it may face strong supply area is at Rs. 83-89

strong demand area is at Rs. 46-52
Note : I am not a SEBI Registered Analyst , this is only for Learning , Study and Discussion Purpose
click on above post chart for better view

 

Today i purchased EMKAY for positional short term Trading Purpose ....

 

Today i purchased EMKAY Rs. 66.45 for positional short term Trading Purpose ....

 

Stock is shooting up 4.5% today

 

Added very small quantities of Emkay Global...

 

Dear Ravikumar sir
at this lelvel dont invest large qty , accumulate slowly , my view is below Rs.55 try to accumulate ,

 

Stock is going down

Wait for good correction and buy. At 55 and below it is blind buy

 

Also Edelweiss is good stock I am looking at for buy in correction

 

Dear Srouta ji , Edelweiss stock valuations are very high in my view , debt also very high , and more over Rs. 1 Face value
please look in to that sir , from 2016 days stock run from 45 rs. to 148 levels
if i am wrong please correct me sir ...

 

Oh I did not see that Sir I only saw research report with good talk of prospect. I will study stocks in detail before decision to invest or not. Thanks for warning sir.

 

Yes this can be considered on correction.

 

Congrats sooper gains are there. Stock is shooting up 12%

I was waiting for correction to buy. Big loss

 

Edelweiss may also shoot up?

 

Today i sold all my 160 shares ( Buying Average Rs. 67.85 ) sold at Rs. 72.60
i got profit nearly Rs. 760
with in 1 week

 

Thank you very much " vineet bhai " ....
actually " EMKAY " is not in my watch list , i saw that post at vineet bhai's thread
and i study fundamental and technical study
after that i decided to trade this stock
i posted in early chart and demand and supply area
my resistance area is at 76 ,
today it reached 73 levels very quickly , so i exit early , if it reach that level slowly , i wait for next level
but rapid price movement is the cause for profit booking

 

That why i liked " Technical analysis "
so many persons dont believe technical analysis
so i want to prove technical analysis is a science and art also
all tools are there , but we have to use them in a proper way
i want to eliminate wrong notions ....
so i posted charts and my trade log images also
in earlier posts " Karnataka Bank " also another evidence
in early i posted supply area also in my chart
If any person want to check that he can see that post in my thread
" Jai Technical Analysis "

 

Looks like stock is going for UC. 15% up