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(EmamiPaper) Emami Paper complete technical analysis [charts+indicators] | Buy/Sell Emami Paper | (EmamiPaper) share price targets

Complete technical analysis of Emami Paper (EmamiPaper) by charts plus indicators, forecast predictions and share price targets for Emami Paper (EmamiPaper)

10 day averaged volume of Emami Paper is 6170

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 110.65 111.30 111.70 110.10 0.349 times
15 Wed May 2024 110.80 110.80 111.80 110.45 0.392 times
14 Tue May 2024 110.70 110.40 110.90 110.00 0.304 times
13 Mon May 2024 109.55 108.60 110.55 108.10 0.557 times
10 Fri May 2024 108.55 108.95 109.95 107.40 0.917 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 109.8 as stoploss in an intra day buy trade for a target of 113.25. However, stock will show a bearish move below 109.8.

Share price targets for Emami Paper (EmamiPaper)

Target Type Value
Downside Target 107.40
Upside Target 114.60
Upside Target 117.00
Upside Target 118.45
Upside Target 121.50
Upside Target 122.90
Upside Target 123.65
Upside Target 124.00
Upside Target 134.00
Upside Target 134.65
Upside Target 148.90

Intraday share price targets for Emami Paper (EmamiPaper)

Target Type Value
Downside Intraday Target 108.57
Downside Intraday Target 106.48
Upside Intraday Target 112.27
Upside Intraday Target 113.88
Downside Intraday Target 110.18

Weekly technical analysis of Emami Paper (EmamiPaper)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 110.65 108.60 111.80 108.10 0.394 times
10 Fri May 2024 108.55 112.15 112.15 107.40 0.236 times
03 Fri May 2024 109.95 121.40 122.90 109.75 2.723 times
26 Fri Apr 2024 120.40 116.45 121.50 114.60 1.435 times
19 Fri Apr 2024 113.85 114.65 116.55 110.70 3.712 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Emami Paper (EmamiPaper)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 110.65 117.00 117.00 107.40 0.448 times
30 Tue Apr 2024 115.30 114.30 124.00 110.70 1.824 times
28 Thu Mar 2024 114.15 131.85 134.00 110.70 0.483 times
29 Thu Feb 2024 130.90 132.85 148.90 123.65 0.548 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Emami Paper (EmamiPaper)

Indicator Name Indicator Value Indicator Signal
ADX 15, 25, 27 Sell
MACD -5, -5Buy
Stochastics 32None
CCI 33Sell
RSI 50Sell
OBV -113500Sell
VWAP 110Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Emami Paper ( (EmamiPaper) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Emami Paper ( (EmamiPaper) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Emami Paper ( (EmamiPaper) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Emami Paper ( (EmamiPaper) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Emami Paper stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Emami Paper in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Emami Paper Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Emami Paper in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Emami Paper is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 109.99 and Emami Paper (EmamiPaper) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Emami Paper (EmamiPaper) stock. Volume based technical analysis of Emami Paper (EmamiPaper) stock is negative.

Emami Paper Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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