BUY - LAXMI ORGANIC INDUSTRIES LTD
CMP - Rs. 265
Target - 1: Rs. 321
Target - 2: Rs. 377
Target - 3: Rs. 469
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Technicals -
1) Bullish Bat, Sea Pony, Anti Nen Star Harmonic Patterns.
2) Trendline Breakout
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Fundamentals -
1) Sales growth is growing at a healthy rate in the last 3 years 27.94%.
2) Net Profit is growing at a healthy rate in the last 3...
There could nice bounce in NIfty if the price manages to sustain above point C of this pattern.
The targets and stop loss are mentioned on the chart. Please wait until confirmation to go long. Stop loss to be same as cost, because stop loss for momentum trade could more here.
Below point D price goes to test the demand zone below.
