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...
Lambodharatextile
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.
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LAMBODHARA TEXTILE DAILY CHART ANALYSIS AS ON 14.01.2022LAMBODHARA TEXTILE as per daily chart analysis Stock Above 127 for a target 137. Resistance 141. The market from JAN 2022 is in the one way run-up and the major resistance for nifty is at 18340/18348 and if the bulls can break and sustain above the resistance then the market will continue to be in the hands of the Bull. So far in this JAN 2022 FII selling has reduced much comparatively to OCT, NOV & DEC 2021. As we are nearing UNION BUDGET FEB 1st 2022 probably selling may not be more unless and untill there will be any major news. wishing you all a profitable trading.