BULLISH on LAXMIMACHNSE:LAXMIMACH
The prices have given the breakout from the previous high and made 52 week high on the weekly chart. The prices are trading above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. This view is for 6 to 12 months. The Target and SL is shown on the charts.
Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
Laxmimacine
LAXMIMACH All time high brackoutThe Stock in the Blue Sky Zone, Market in Correction Zone but this share make new high,
the share is good sector and good share
Lakshmi machine, awesome breakout#lakshmimachine
Lakshmi machine wonderful breakout on weekly charts!!!.
#vr
LAXMIMACH fresh break out can give 50% returns can go for BTST I will buy LAXMIMACH because :
The price has broken resistance.
It showed a good move upwards before breaking Resistance.
The volume is also increasing.
Entry : 9450/9800
Target : 14100
Stop loss : 82300/7727
Laxmi Machine ATH BOSwing traders can plan a trader here with SL below the previous swing low on clb.
Laxmi MachineLaxmi Machine is Follow the Trend Line this Stock this Ranf Sideway or Follow the Trend, I Think Wait For The Conformation Candle
Breakout generated in LAXMIMACHDisclaimer :- This is not any buy or sell recommendation. This is just my personal view on this counter. Kindly consult with your financial or investment advisor before investing.
There is Breakout generated in LAXMIMACH on weekly chart. With rounding bottom pattern. Next levels as below :-
1st Resistance :- 7800
2nd Resistance :- 8440
3rd Resistance :- 9000
Support Level :- 7000 - 6400 is a support zone.
LAXMI MACHINE: Keep a watch on INTRADAYKeep a watch on Laxmi Machine above 6260 and below 6209. More probability of a long trade.
