Garey_Singh

Lux Industries Ltd. - B above 1199 SL 1080 TGT upto 1450

Long
NSE:LUXIND   LUX INDUSTRIES LTD
Lux Industries Ltd.

The stock is trading near the resistance level (1142.50) and took a strong resistance from 200EMA.

RSI is above 60-level and is BULLISH.
TT2 DAILY TREND is BULLISH.

If the price trades above resistance level 1199, a Breakout is expected. The nearby resistance is 400EMA followed by 1300 and 1450 levels. Support is 1080 on the daily chart.

KEEP AN EYE!!

***this is my personal view. Please take advice from your financial advisor before investing.

-
Garey
Whatsapp - +91 9999 504 500
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.