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LoveTheProcess
Oct 1, 2021 10:20 PM

A clear breakout on daily Long

LG BALAKRISHNA & BNSE

Description

After a long consolidation, again it started moving on its track. A leader in solar pump, CMP is the best to start buying it. Debt free fundamentals are also good... 20 to 30% move possible from here...

Comment

Jut correcting one mistake, it is leader in OEM like Chains, Sprockets, Tensioners, Belts
Comments
mihir2021
Hi @knitvijay - what is your view on this one now... i think it has given another trendline breakout.. please share your thoughts. Thanks!
LoveTheProcess
@mihir2021, Sorry Mihir, don't know how I missed your message and just saw today. Yes you were correct at your analysis it was a good time to accumulate more, but now it is facing selling pressure on rise so short term trader can start selling from here and re-enter once again after correction(some correction expected). It might move 10% more but not suitable for fresh entry and hold all qty. For long term don't have issue as of now. this is my own analysis I might be wrong also...:)
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