LSIL - Lloyds Steels🔹 Technicals:
▸ Large base breakout supported by high volumes
▸ 250% up move from March bottom to the recent top
▸ Currently, it's taking a pause and pulling back to 20, 50 EMA.
▸ There are 2 zones of interest for buying - first near the 20, 50 EMAs, and second near the demand zone at 33-36.
▸ Good chances of moving towards 60 and higher in the mid-term.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
LSIL
Lloyds Steels Industries Limited - Long Setup, Move is ON..#LSIL trading above Resistance of 48
Next Resistance is at 74
Support is at 28
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 financial advisor before taking any trade.
Breakout in Lloyds Steels Industries Limited...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 purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
LSIL - 85% RETURNS!!!BUY - LLOYDS STEEL INDUSTRIES LIMITED
CMP - Rs. 16
Target - 1: Rs. 21
Target - 2: Rs. 24
Target - 3: Rs. 30
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Technicals - 1) Bullish Harmonic Pattern - Sea Horse.
2) Targets set using Fibonacci Retracements and Gann Angles.
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Comment - Target - 3 will be achieved in the long term.
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Llyod steel LSIL- Study & ForecastGood evening amazing audience,
As we can see through the chart LSIL has given us an amazing breakout on weekly chart, It is currently retesting the breakout and finding buyers
Possible reach are provided on the chart which may be seen in coming months. Buying between 18.50 - 19.00RS is the best zone to step into this.
Market Cap
₹ 1,928 Cr.
Current Price
₹ 19.4
High / Low
₹ 25.4 / 8.15
Stock P/E
56.4
Book Value
₹ 1.76
Dividend Yield
0.26 %
ROCE
9.96 %
ROE
5.11 %
Face Value
₹ 1.00
PROS
Company is expected to give good quarter
Company has delivered good profit growth of 41.5% CAGR over last 5 years
CONS
Stock is trading at 11.0 times its book value
The company has delivered a poor sales growth of -8.03% over past five years.
Company has a low return on equity of 2.63% over last 3 years.
Working capital days have increased from 485 days to 790 days
NOTE - This is just an educational post for study purpose investors are advised to get in touch with their financial advisor before investing into any stocks
