LAMBODHARA TEXTILE as per daily chart analysis Stock Above 127 for a target 137. Resistance 141. The market from JAN 2022 is in the one way run-up and the major resistance for nifty is at 18340/18348 and if the bulls can break and sustain above the resistance then the market will continue to be in the hands of the Bull. So far in this JAN 2022 FII selling has...
NSE:LAMBODHARA
Cup and Handle Pattern under formation in Weekly Charts.
Awaiting Breakout above 96-98 Zone WCB
Buy after BO
Target : 122 - 149 - 175
SL : 72
Golden CrossOver in Weekly Chart
RSI > 55
High Risk High Return Bet Similar to Ginni Filaments (sharing the Link to Ginni charts below)
#LAMBODHARA Rounding bottom pattern, stock in highr high higher low pattern, today broke its 2021 resistance. looks promising from here for target of life time high which is 5x from cmp.
can keep trailing stop loss if keeps on moving up ,
currenlty stock is good fundamentally trading at very low P/e with improving results qoq ,company is good old company can check in depth funda on your own
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
THIS CHART IS ONLY EDUCATIONAL PURPOSE
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. We produce yarns in a count...
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...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
