EMIL

Electronics Mart India Ltd (EMIL) shows a strong bullish trend on the 1-month chart, with weekly growth gaining momentum throughout September 2025.

Watch out above 154 around... Look's good for 190 in short term.
Time Frame: Within Few Weeks.

Overview:
Weekly Price Movement (September 2025)
Week 1: EMIL began the month around ₹125, accelerating rapidly above ₹135 by the week’s end.

Week 2: The price broke out strongly to ₹145–₹150, reflecting increased buying volume and positive sentiment due to strong returns.

Week 3: The share advanced further, briefly touching highs of ₹153 before settling between ₹148–₹151.

Overall monthly gain: Nearly 22–24% increase.

Chart Pattern Analysis:

Trend Direction: Uptrend, as price created new short-term highs each week.

Pattern: Breakout above last month’s resistance zone near ₹130, followed by strong upward candles — typical of momentum-driven rallies.

Volume: Weekly volumes surged, confirming strength behind the move.

Volatility: The stock was volatile, but upward momentum prevailed as sellers failed to counter bullish pressure, with intra-week dips consistently getting bought.