Emami Limited
Panjang

EMAMI 1 Day View

442
Emami Ltd – Daily Levels

Current Market Structure: Stock is trading in a consolidation range after a recent upward move. Momentum is steady but showing mild profit-booking near resistance.

🔑 Key Levels

Support Zones

₹615 – Strong near-term support, recent demand zone.

₹600 – Major support, breakdown below may invite weakness.

₹585 – Next cushion if selling extends.

Resistance Zones

₹635 – Immediate resistance (recent supply zone).

₹648 – Breakout level; above this stock may gain momentum.

₹660+ – Next bullish target if breakout sustains.

Trend Outlook

Above ₹635 → Momentum buyers may push toward ₹648–660.

Below ₹615 → Weakness may drag it back toward ₹600–585.

📌 Indicators View

Volume: Decreasing, showing consolidation.

RSI (Daily): Near neutral zone (~50–55), showing balanced momentum.

200 DMA: Stock trading comfortably above it, indicating long-term bullishness intact.

Penafian

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