La Opala cmp 359 by Weekly Chart viewLa Opala cmp 359 by Weekly Chart view
- Price testing and retesting the Support Zone for fresh upside breakout in progress
- Price Breakout is well above Falling Resistance Trendline and Rising Support Trendline
- Weekly basis : Support at 325 > 291 > 256 with Resistance at 382 > 418 > 448 > ATH 479.75
- Old Time Back to Back Bullish Rounding Bottom were followed by a good breakout on the stock counter
Laopalarg
LAOPALA - Consolidation or box breakout - Breakout - DailyLa Opala RG is a leading manufacturer and marketer of tablewares (opal and glass) in India.
LAOPALA - Consolidation or box - Breakout - Daily
Name - LAOPALA
Pattern - Consolidation or box breakout
Timeframe - Daily
Volume - Very Good
Cmp - 359
Target - 407
SL - 351
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LAOPALA - Ichimoku Bullish Breakout Stock Name - La Opala Rg 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 335
#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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LA OPALA RG DAILY CHART ANALYSIS AS ON 21.12.2021LA OPALA RG as per daily chart analysis has broken the down trend channel and stock above 426 level for a target 432 level. Tomorrow the nifty will go down initially and then bullish reversal will take place and market will continue to be bearish. Don't hold long positions.
LAOPALA : Reversal with Good RRLAOPALA : Reversal with Good RR
Reversal possible for this stock tomorrow R:R is Good.
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