CONSOLIDATION BREAKOUT IN LTIMBuy LTIM (D) 5240, for 5700 and 6100. Add on dips till 5000 with stop at 4950 on weekly close. Stock ready to give breakout above 38.2% fibonacci levels and then will reach 50% and 62% eventually. Consolidation happening for last 12 months which shall give minimum 15% returns.
Both leading and lagging indicator MACD and EMA is indicating bullish momentum in LTIM
Moving Average Convergence / Divergence (MACD)
GIPCL: Short term to Mid term view-BullishDaily MACD Crossover, Weekly ADX positive trend, and all other indicators showing positive signals. Monthly MACD crossover happened but still price not yet moved much upside. Monthly indicators also positive. It may shootup anytime but patience is important to hold.
Vijayaraghavan.K,
Kovilpatti,Tuticorin Dist.
IOLCP: Short& Mid term view BullishRef chart. MACD crossover may happen on upcoming days in daily chart. This will trigger to price shoot-up. In daily chart Indicators are turning bullish from bearish . In monthly chart indicators are continuing the bullish momentum last few months. From this level it may move the further upside. Targets are given by using patterns.
****Note: If you noticed my earlier views, most of the views given before breakouts by using indicators. Risk takers no issues but Safe traders can take the trade after breakout.
Vijayaraghavn.K
Kovilpatti.