Investment Pick : LGBBROSInvestment Pick : LGBBROS
Cmp - 747.8
SL - 515 ( Monthly Closing Basis )
Target - 1200
LGBBROSLTD
LGBBROSLTD - Ichimoku BreakoutStock Name - Lg Balakrishnan & Bros 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 1230
#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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LGBBROSLTD headed for 4 digits +Attached: LGBBROSLTD Daily Chart as of 20th June 2023
Today Price gave a Clean Strong Volume Breakout making New ATH and signaling that the Blue Sky is now Open for Price to precisely breach past the 4 digit aka 1000 level mark !
- Past few candles have strong Volume buying and the Base from the Price has taken off is also well within what you may call Accumulation based on the Volume patterns
- Ichimoku System also gave a Super Bullish Buy Signal today
- Price is Trending up within a Channel which is visible when you Zoom out on the Weekly TF and so it is a clear case of Higher Highs and Higher Lows as per Dow Theory Up Trend
LGBBROSLTD - Ichimoku Bullish Breakout Stock Name - Lg Balakrishnan & Bros 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 930
#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
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
LGBBROSLTD - Ichimoku Bullish Breakout Stock Name - Lg Balakrishnan & Bros 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 775
#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
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Weekly Cup and handle Breakout in LGBBROS?Cup and handle Breakout in LG Balakrishna & Bros weekly chart.
Stock has given breakout from its cup and handle pattern. For pattern confirmation price has to close above 755 in weekly chart.
730-680 levels should act as strong support if the price is coming for the retest. For further strong up move, price has to close above 775.
All possible targets are marked on the chart. Can maintain strict Stop loss for the trade at 620.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:LGBBROSLTD
LG Bros is it a opportunityIf Breaks Then The Targets can be Taken at 630 .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Symbol Name :- LG BROS
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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LG Balakrishna forming Cup and HandleNSE:LGBBROSLTD on a Daily TF forming a good Cup and Handle like NSE:M_M
Looks good above recent High.
LGBBROS - Support Retest and Subsequent RiseLG Bala has been gradually moving up since June 2021 in a rising channel as shown clearly on the chart.
Inspite of a sizeable correction in the market, LGBBROS has maintained the sanctity of this rising channel and has tested and held this weekly channel support multiple times.
The stock has finally managed to give a short term breakout on both the daily and weekly charts by closing at a 6+ week closing high.
Buy LG Bala at CMP
SL 580 DCB
TGT 665, 730-780 (channel resistance)
Swing 2-3 Days Hold LGBBROS [ Long ]This Trade idea is for 24 . 01 .2022
CMP : 705
Buy above 720
Target: 776 1:1 Reward
StopLoss : 663
Note For Safe Trade:
Always know your risk before taking entry..
L G Balakrishnan & Bros Ltd - 07.01.2022L G Balakrishnan & Bros Ltd - 07.01.2022
The stock is trading @ 625 levels
The prices are at EMA
There is a HAMMER in Hourly Chart
There is a DARK CLOUD COVER in weekly chart
There is a DOJI followed by Shooting Star in Daily Chart
Stochastic is overbought in Weekly chart
RSI is overbought in Weekly & Monthly Chart
Let the prices go above 632 or go below 615
watch out for the price action
lgb brother cmp 559LGB BROTHER CMP 559
stock is out performing currently top 5 of machinery and general industry msi sector group index.
recently on chart it has gave nice stage 2 breakout and recent 2 week candle are wide in range and having increased in volume flow.
LG balakrishna Bros, strong #LGBBROSLTD
#LGBBROS
#LGBROS
LG Balakrishna.
No. 1 OEM Supplier for drive chains of 2 wheelers.
Looks good on chart.
I will enter at day close if candle looks good.
SL Will be tight and strict, as broader market is dicey.
Can be taken for long term folio as well, fundamentally good. !!
#vr
LGBBROS LIMITED - SMALL RISK BIG REWARDSL is quiet small for traders .. otherwise ITS always 20 EMA for investment..
Personally feel , Should do extremely well.
Hv Loaded up and plan to hold for 3-4 months..
Last qtr results were superb.. Company should perform well
LG Bros Ltd - Pullback Candidate?? LG Brothers had posted a stellar results that reflected with a parabolic move in the stock. Subsequently, the price is now on retracement and currently it looks like the retracement is nearly complete and the stock is now ready to move up. Keep a close watch on the PA and then can time your entry appropriately at the price level of great value.
Breakout in LGBBROSTLD(Low PE stock)..Good Structure observed in LGBBROSLTD
volumes picking up in uptrend and dry up in consolidation
For momentum players
Above 412
IF BO Happened then SL is below 325(this week low)
Target is 483-550
For Long Term investing
Buy at CMP
Add on dip
and weak if close below 270
Market Cap--₹ 1,239 Cr.
Stock P/E--9.29(Low PE)
ROCE--19.9 %
ROE--16.8 %
Mcap FF (Cr.)-- 643.66
Please maintain SL closing basis as this is small cap stock
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past accuracy (for traget-1 ) around 71%(Please maintain your SL)
#LGBBROSLTD CMP353 #Target 394(13%) #RIIL #DEEPAKFERT #CALSOFTWeekly Chart
NSE: LGBBROSLTD
Short Term Quick Profit
CMP 353.20
Target : 394.95
SL : 327
Timeframe < 45 days
Factors:
Inverted Head & Shoulder
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
