Lambodhara Textile Ltd. Analysis
About the company...
Lambodhara Textiles Ltd was founded in 1994 with a capacity of 3,024 spindles. Over the years the company has grown in size and currently has a capacity of 37,856 spindles, with 33,224 spindles producing fancy yarns. The mill is fully modernized with state of art technology and infrastructure. They produce...
BUY LAMBODHARA PRICE @ CMP 159 51% ROI EXPECTED
Buy1 cmp entry @159
Target 1 @240
ROI 1 @51
Buy2 Pending entry @108
Target 2 @240
ROI 2 @119
Our Unique Features
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1. Follow our 10 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 1% Risk Management Per trade.
4. Risk vs...
1. RS positive
2. stock above long term moving averages
3. two iterations of volatility contractions
4. falling falling during contractions
5. respecting recently formed demand zones
6. volume spurts during upmove
7. short term moving averages not holding the stock
trade plan- wait for a bullish candlestick pattern above 50 dema to enter
(follow a strict risk...
Lambodhara textiles has given a good daily close and has took trendline support. it has closed near the immediate resistance.
weekly close above 177 will move the price to 200 zone swiftly.
The stock consolidated beautifully after breakout from triangle pattern.
Consolidation phase also got break. Wait for retracement ,after that enter with confirmation candle.
Only for educational purpose.
Multiple analysis for Lambodhara Textile
-Elliot wave - trend analysis and prediction
-Fibonacci - targets to follow
-Harmonics - price indication
-Supply Zone from where price to react
Chart is self explanatory and only for educational purpose
#Lambodhara retested the BO level of 130 and now moving strongly at 155..
Next resistnace is at 175-177. Can be taken for 175 at CMP or on some cool off. Once it crosses abv 180 one can keep it for long term...for 240/280
Please see in this stock it has formed pole and flag pattern which is one of the bullish pattern and the stock is now expected to make an upmove of the height of the pole which is approx 70 points from 170. So this stock is expected to move towards 240 now.
