Lambodhara Textile Rounding Bottom BreakoutLambodhara Textile Ltd. Analysis
About the company...
Lambodhara Textiles Ltd was founded in 1994 with a capacity of 3,024 spindles. Over the years the company has grown in size and currently has a capacity of 37,856 spindles, with 33,224 spindles producing fancy yarns. The mill is fully modernized with state of art technology and infrastructure. They produce yarns in a count range from 10s to 60s. They specialize in manufacturing slub yarns, multi count and multi twist yarns, siro yarns and neppy yarns. They produce yarns using Polyester, Polyester variants, Viscose, Modal, Excel and Flax as raw materials.
Technical Analysis
Rounding Bottom
Breakout & Retest done at 120
Addition of volume
At very good and strong numbers
Setup
Cmp 159.3
Buy upto 140
For targets 180 / 200 / 230 / 255 / 275 / 300+++
CBSL can be 130
Regards..
Keshav Jain..
25/11/2023
Disclaimer & Risk Warning
I am not sebi registered analyst.
My studies shared here are for educational purposes .. Do Consult Your Financial advisor Before Taking any Trade.....Good Luck!
Sudden Spike in Volume...
LAMBODHARA
Lambodhara buy ideaLambodhara - A textile company with decent business and future business expansion work in progress.
Mostly profitable in all historical quarters.
Buy for high targets.
It is nicely following the cup pattern.
MACD Crossover on weekly timeframe showing bullish signal.
Great time to buy and accumulate.
Disclaimer: This is a educational chart setup and not a buying recommendation of any kind. Please do your own research before investing.
LAMBODHARA - Ichimoku Bullish Breakout Stock Name - Lambodhara Textiles Limited
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 132
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
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Lambodhara Textiles LimitedLAMBODHARA:- Stock has formed cup and handle pattern on monthly chart. Volumes are also good. Keep an eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Lambodhara Textile | C&H in formation | BO Awaited | 25%-90%NSE:LAMBODHARA
Cup and Handle Pattern under formation in Weekly Charts.
Awaiting Breakout above 96-98 Zone WCB
Buy after BO
Target : 122 - 149 - 175
SL : 72
Golden CrossOver in Weekly Chart
RSI > 55
High Risk High Return Bet Similar to Ginni Filaments (sharing the Link to Ginni charts below)
LAMBODHARA TEXTILESTHIS CHART IS ONLY EDUCATIONAL PURPOSE
Lambodhara Textiles Ltd was founded in 1994 with a capacity of 3,024 spindles. Over the years the company has grown in size and currently has a capacity of 37,856 spindles, with 33,224 spindles producing fancy yarns. The mill is fully modernized with state of art technology and infrastructure. We produce yarns in a count range from 10s to 60s. We specialize in manufacturing slub yarns, multi count and multi twist yarns, siro yarns and neppy yarns. We produce yarns using Polyester, Polyester variants, Viscose, Modal, Excel and Flax as raw materials.
Lambodhara Textiles is today a dominant player in the fancy yarn market utilizing the latest technology, superior quality raw materials and stringent quality control. We are well established in the domestic market and command premiums for our products. We commenced exports in 2011 and the volume has grown exponentially since then.
State-of-the-art machinery combined with efficient manufacturing processes, technical expertise and skilled labor coupled with innovation is the key to our growth and success. At Lambodhara, we are innovating continuously to cater to the needs of our customers. We produce customized yarns using various fibers, numerous blends and numerous effects based on the requirements.
LAMBODHARA TEXTILENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading