#LOKESHMACH trading above Resistance of 394
Next Resistance is at 591
Support is at 288
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
#LOKESHMACH trading above Resistance of 288
Next Resistance is at 394
Support is at 183
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
#LOKESHMACH trading above Resistance of 183
Next Resistance is at 288
Support is at 118
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
Detailed View about this Breakout:
No.of Resistance: 5
No.of Support: 7
Consolidation days : 700+ days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
Stock Name - Lokesh Machines 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 130
#This is not Buy and Sell recommendation to any one. This is for...
After the breakout Lokesh Machines again at the breakout point, it was 7 years old resistance level. Above 120 it's safe for 170.
CMP 116
TP1 170
#LOKESHMACH
