Emmbi Industries has given a break out and moved on to a uncharted territory. It can be bought with Stock loss of 143 with Target of 199 Approximately in next 3-4 Months. Fundamentally good stock, expected to give good 4th Quarter Result.
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| Emmi Ind. Daily Chart Breakout. |
Clearly Emmbi Industries on a uncharted Territory with good volumes, it may rock in short term.
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| Emmbi Industries - Weekly Chart Breakout to uncharted Territory Emmbi is just started it upward journey after good Consolidation in 130-144 Range for 3-4 Months. This upmove can take Emmbi to 193-199 Range in short term. With Capacities coming on stream, combined with good results it can go to 315-320. Note: this not a recommendation to buy this stock. this information is only for study purposes. |
