Lux industries on way to Blue sky zone
Lux Industries Ltd weekly chart( CMP Rs 1980) . The stock has been in continuous uptrend right from April 2020 , unlike Nifty which entered into consolidation phase after a big upmove. Whats interesting about this chart is that it gave highest weekly close after April 2018 , which is stock's 2nd highest close. The stock is on verge of BO and a close above Rs 2000 will spin off the stock into uncharted territory , must be under watch , close should be watched.
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