#Consolidatiom of approx. 5years. #Breakout_Stock at level of 2400. #Reversed back to retest breakout level. #Close below 2350 will invalid stock breakout stock #Fundamental of stock is good. #FII_DII increases their stock. #Investment_Stock
Clear breakout after five years seen on the share. with the relative strength strongness, RSI, both chart is above than 60. revenue and return on share also quarterly by quarterly strong from here no doubt this is. unstoppable.
this stock is very costly 200 rs gap you can accumulate at 2400-2500,stock at all time high so do not enter with more quantity
Wait for Lumax industries to close above 1715 on daily basis for a 40 % ride
Just a view educational purpose ONLY 2% sl below the red line close candle out... above the blue line close or EOD trading above the blue line is my entry
symmetrical triangle short term opportunity for upside stock name lumaxind can go long if it breakout form the trendline take according to RRR
The idea here is about Lumax Industries: The Company offers a range of complete automobile lighting systems and solutions, which includes head lamps and tail lamps, sundry and auxiliary lamps and other related products and accessories for four wheeler, two wheeler, trucks, buses, earth-movers, tractors and a range of applications. Mentioned below are the points...
lumax giving multiyear breakout, it may come down to test 1330 level. one may buy 50% at this level ,rest at 1330. target 1650, 1900,2300
Caution : it has earning surprises daily and weekly support play Sl compulsory Qty: 1% of total capital
Hi, Overview Weekly Chart/ Daily : Main trend is in uptrend, last resistance has been broken with good volume. . 4H / 1 H: I usually be more interested into any trade in these time frames only. On 4 H, last candle is with good volume & having upper wick, represents a price rejection at upper levels. It could be possibility that price might come & check last...
a perfect AB=CD pattern harmonic pattern formation
Previously we saw Trend Continuation Hint in form of Hidden Bullish Divergence. N Wave is completed and By this week completion if Top is not breached then it will be a Bull Fractal formation. We might see Some Drop from here on since already N Wave is completed. Next Rally will be resumed once Stock breaches This Bull Fractal that stock forms. Conservative...
LUMAX IND BUY 706 TARGET 755 STOP AT 675