LUX INDUSTRIES retraced approximately 0.786 of A to B up move, Now too the same retracement of approximately 0.786 is on charts. Will history repeat itself. Once stock start trending upside a huge upside potential cannot be ignored. Strict stop loss to be maintained. Keep watch
the formation is very clear a must add to watchlist a good fundamental company trading on cheap valuations and recently promoter has increased share holding so just stock to keep under radar
Swing trade, Breakout stock, Banknifty Intraday Outlook also posted here. Disclaimer - Trades are only for Learning. StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
Makkale we got another scrip from textilte sector and it's in hosiery business. Yes, we've to choose different sectors for long term purpose which is ''Diversifiy" our portfolio. I beleive that when the population increases and the hosiery business tend to emerge. The scrip is none other than '' LUX INDUSTRIES'' wait for the marked levels and start accumulating...
Was charting out the Elliott wave patter on the daily charts of lux industries. Feel free to share your views.
LUX IND - 4100 stocks having good fundamental score Master score for lux ind at 78 (B) eps growth rate 34% which is giving stock eps ranking at 97 which is very good. stock will soon test out recent high 4300-4350 ..once breakout above this range we may also have RS breakout too same time. keep it in watchlist......
long near 3592 for whooping target of 6130 for long term good luck
Buy @4186, SL-4160, TGT-4251 Sell @4160, SL-4173, TGT-4130/4117
LUXIND - traingle Breakout done. Hold for large targets ;)
I am not holding any right now, but keen on making a closing basis entry with a closing basis SL. Levels are already mentioned on chart. Medium risk. could have personally taken right away, but I have previously never traded LUXIND with full qty. May the Odds forever be in my favor.... #The_RedTicker
#flagpattern #luxind #chartpattern Pole And Flag pattern on daily chart Time frame Happy LEARNING
Moving in the channel, the stock price movement making higher high. After giving rounding bottom breakout it has retraced to form CUP-N-Handle. It is taking resistance at the supply zone. closing above 1901 will move the price further ahead. The increased delivery volume also indicates price movement. RSI and MACD also indicate bullish movement expected.
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...