Lux industries updateIn my view lux industries has formed its 1-2 and 3 miner wave upside and currently progressing in Wave 4. Here, it should be noted that the price should not enter below the green line support.
Upper target again 2500-2600.
This is not a buy sell hold recommendation. people should ask their financial advisor for any investment related query.
Thank you.
Luxindustries
Short Term Swing Trading Idea in LUX Industries for > 10% UpsideHi,
An bullish on-neck Breakout pattern emerged on the Daily chart of NSE:LUXIND
MACD on daily, weekly and monthly time frame is on the bullish side and also expecting the bullish setup to continue.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.