Short Term Swing Trading in LLOYDS Metal > 15% UpsideHi,
NSE:LLOYDSME has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Weekly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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LLOYDSTEEL
Lloyds Steel Updated Analysis Stock has given strong 3 times returns in recent weeks as posted @17 and made high of 60, now again stock taken support at it's 38-42 zone, ready to move further up, follow chart for proper support and resistance levels.
Lloyd Steel showing good Bollianger Band#LloydSteel CMP 18.85 can be added with 14 as SL for 23/25/28
Very good BB breakout.