Electronica Mart India Ltd #EMIL

By NNiveshak
After a monster post IPO rally EMIL has been cooling off for 6 months, forming a nice base to potentially launch another rally
  1. Showing v strong Relative Strength on hourly TF
  2. hovering on the top of a 27%/ 25wks base
  3. forming an inverse head & shoulders type pattern
  4. Volatility falling and volume drying up


Entry 225 SL 211 Target 3RR
Inverse Head and ShouldersrelativestrengthSupply and DemandSupport and Resistancevcppattern
NNiveshak

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