LT foods has announced the results. The stock can probably take support and can give a good breakout soon.
#LTFoods #Daawat - Good price action + volume near trendline resistance - Can expect a pull back b4 taking the leap forward - 50 EMA can be also used tight SL - Looks breakout retest on W #trading #StockMarketindia
Target:- 112 Stoploss:- 64.60 Duration:- 8 to 10 weeks The stock has already touch the support line and showing a bullish candle, which is an indication of upside move, so we can buy this at market order. Use proper stoploss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.
DAAWAT now forming buy harmonic pattern, once its sustained 68 above in some days, it will move on up to 80 in short term
Market is already taking support on support line and shown two respective bull green candle, so as a trader we can ride on it. The Resistance line will be the profit target.
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LT Foods has given a range breakout with volume in daily chart. It was consolidating from last 30 days and now that range has given a bullish breakout.
Watchout LT foods on a daily frame. It has seen rejection from the support zone today. wait and see whether it reverse or fall further
Lt Foods has given breakout of Bull flag. Target 93 - 123
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Daawat(lt foods) forming bullish flag pattern on monthly tf can look for positional tp of red dotted line kindly support us by giving likes Discalimer : only for educational & learning purpose
Breakout after huge consolidation is done so we can expect good upside potential. Relative strength indicator is about to give bullish signal. 5EMA has already given bullish signal. Target : 120+ for mid to long term
LT Foods has give a shallow correction after a good upmove with volumes. Now is has broken the the pullback trendline with increased volumes. Entry: 60 Target: 90 - 100 Stoploss : 48-50 Timeframe:
Trend Line Broken Took Support at 47 levels can be bought at CMP Target 1 - 55 levels Target 2 - 60 levels Stop Loss - 46 Levels
Both Technical and Fundamentals of Daawat(LT Foods) are strong. Technical - More room for stock price appreciation for 2 reason 1. LT Foods trading around 8 P/E & 1.20 BV against KRBL's 12.50 P/E & Book value of 2.25 2. Result of LT foods for past 2 quarter were good compared to KRBL. Hence P/E and B/V of LT Foods should appreciate. Fundamental Atleast for...