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Ankushkokane

Consolidation Zone Breakout in EMMBI INDUSTRIES.

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EMMBI INDUSTRIES (NSE:EMMBI)  
Ankushkokane  
NSE:EMMBI   EMMBI INDUSTRIES
Support and Resistance Supply and Demand golongandgohome longsetup longposition shortterm
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supportandresistance supplyanddemand golongandgohome longsetup longposition shortterm
After being in a Long consolidation phase chart has given breakout with quite good unusual VOLUME. Would suggest to go long at CMP or can apply buy on dip strategy till 110.35 for the TARGET of 134.95 with a strict stop-loss of 110.40 (only on candle closing below basis).

THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.

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