EMAMILTD - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.1

Here’s a detailed technical analysis of EMAMILTD (Emami Ltd.)

📊 Trend Overview

Current Trend: Consolidating with bullish undertone

Price is slightly above both 50 DMA (₹593) and 200 DMA (₹598), indicating a stable base with mild upward bias.

RSI at 53.3 is neutral-to-bullish, suggesting steady momentum.

MACD at 3.45 shows a positive crossover, hinting at early bullish momentum.

📈 Technical Indicators

Moving Averages

Price (₹604) > 50 DMA (₹593) > 200 DMA (₹598): Golden crossover confirmed

RSI (53.3)

Neutral zone. Momentum is stable with room for upside.

MACD (3.45)

Positive crossover. Momentum is building.

Bollinger Bands

Price near middle band, indicating low volatility and consolidation.

Volume Trends

Current volume (2.73L) > 1-week average (2.28L): Mild accumulation

Suggests cautious optimism among traders.

🔍 Short-Term Momentum Signals

Neutral to Bullish Bias

MACD and price above key moving averages support mild upside.

RSI suggests room for momentum to build.

DII inflows (+0.38%) add to sentiment despite FII trimming (-0.22%).

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 593 50 DMA, short-term base

Support 2 570 Previous swing low

Resistance 1 625 Minor psychological barrier

Resistance 2 660 Recent swing high

Resistance 3 773 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹590–₹605 (on dips near support)

Exit Zone: ₹660–₹773 (partial profit booking)

Aggressive Target: ₹800+ if breakout above ₹625 sustains with volume

🧭 Summary

Trend: Consolidating with bullish undertone

Momentum: Building, supported by MACD and moving averages

Outlook: Favorable for swing trades; breakout above ₹625 could trigger next rally

Valuation: Reasonable P/E (31.2) vs industry (52.8), strong ROE/ROCE, zero debt, and stable fundamentals support medium-term upside despite recent profit dip

Let me know if you’d like a simulated trade setup or visual chart based on this analysis.

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