Hello fellow traders and investors,
I'd like to highlight an intriguing stock that has caught my attention - Liberty Shoes Ltd . This company has been consolidating for an extended period, and it appears to be setting up for a potentially exciting move. Here's what you should know:
🔒 Long-Term Consolidation :
Liberty Shoes Ltd has been in a prolonged...
Look Khadim stock very well support taken but be very cautious very bullish candle or can say sudden spike in a single day might be fake BO. So lets settle the stock above the 50 EMA for some time or entry to be taken on re-test around 195-200 level . Keep & watch this stock . This is for your education purpose only.
Stock Name - Khadim India Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 319
#This is not Buy and Sell recommendation to any one. This is for education...
One can go long above current doji ans Stop Loss must be below recent low. Stop Loss is Quite big But remember this is Non F & O stock so arrange your positioning and sizing wisely.
******whatever charts or levels sharing here are just for educational purpose only, not a recommendation....
SL- 269 (closing basis weekly)
Target - 470-500
20/7/21 (second view for KHADIM) **see 1st post
- Market structure HH,HL and breakout of important zone and now retest
- Resistance of 270-280 was broken decisively
-Support formed with burst in trading activity
- Above all EMA's on D and weekly major EMA's crossing over
It just broke 208; a level of importance. This level has been a long term support and when it broke down, the stock went bearish. Now, things have changed and it broke this level with volume. It may retest the support or test the channel top but due to last two candles having massive volume, things are very bullish given the MACD. Risk is moderate as the RSI is...