Has given a gann level and long term breakout SL below 14450 Good RR
After BO with good volume, we can see good up move.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
For Learning Purpose Only #CUP & HANDLE #BREAKOUT CMP - 7809 SL - 5890 T1 - 9466 T2 - 13367 #WithVolumeConfirmation #DoYourOwnAnalysis
LAXMIMACH NSE is bullish if 10000 holds. New 52 Week High. Fresh Breakout. Positive Trend. ***** Educational purpose only. Not Buy /Sell Recommendations.
Charts is showing a convincing breakout and the results issued by the company can take hike the price by 10-12%
Another lovely chart - Lakshmi Machines. At very crucial levels 2018 highs being tested and retested. Chart looks very attractive and keep an eye on breakout. The stock has moved up very fast and the way id like to look at this stock is look for nice and clean breakout of the top. So , be patient and look to buy close to the 20 Day Moving Average
Add Lakshmi Machine at cmp and near 8222 we seen 9898/10555/11111/12123+ Note : all views are education purpose only.
Lakshmi Machine Works LTD BREAKOUT OF CHANNEL @3600 (ON 04-09-2020) Lakshmi Machine Works AWAITING STRONG WEEKLY & DAILY RT @3980 WITH GOOD ACCUMULATION VOLUME
reason for being bullish:- 1)head and shoulder formation. 2) price above all major moving averages 3)trendline breakout 5)a big move today after small consolidation.