VijayBabuA

LUMAXTECH RSI consolidation

Long
NSE:LUMAXTECH   LUMAX AUTO TECHNOL
RSI is consolidating between 55-60.
Trading above 20DMA. consolidating above 20DMA with low volatility.
closing above 183 can give rally toward ATH on daily chart.
R:R is 1:3
Monthly chart looks more interesting. ATH breakout on Monthly chart will pullout further rally

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.