Incorporated in the year 1987, Lovable Lingerie Ltd is engaged in the business of manufacturing hosiery/garment products for women.
The company's products include women’s Innerwear, homewear, shapewear, foundation garments, and sleepwear products.
“Lovable” and “Daisy Dee” are the flagship brands of the company.
The company acquired the...
Watch lovable lingerie on weekly chart has formed a rounding bottom formation or a inverse cup and handle formation. On a daily timeframe it may test the previous resistance zone of 140-145.
One can buy at that range with a stop loss of 125 for targets 200-250 levels.
Please note I’m not a registered analyst.
Please analyse your self before investing.
Lovable Longerie has taken support from 50 SMA and is showing reversal with Bullish Breakout. The long term targets are marked on the charts in weekly time frame. This is based on the Price Chart, Support and Resistances. The supertrend 100,1.9 is also positive and in buy mode. Buy and Hold for a long time for a potential upside of 95 %.
The study is for...
The charts of Lovable Lingeri has broken out of a rounding bottom pattern along with swing high of mutli-year with stock gaining momentum can test 198 - 235.
Thus, it is advisable to accumulate the stock around 140-146 with stop of 128 below on closing basis for targets of 198-235
Please follow the chart and wait for a retest on the support zone for an entry. A retest is used here for a double confirmation of to avoid the fake-out move. Feel free to drop any comments in the sections below.