LG Balakrishna - ATH breakoutThe stock has broken out into an ATH on high volumes. Watch for this stock.
Can be got for a small allocation at current prices with stoploss below 730. Maybe double up if it retests the breakout level.
LGBBROSLTD trade ideas
LGBBROSLTDCmp - 708.45
Short-Term: Try to buy close to 650_675 | WCBSL 610 | Tgt 740 / 820 / 870++ ("W" Pattern)
Mid-Term: Buy @ 650_675 | WCBSL 507 | Tgt 1020 / 1250+ (CnH Pattern)
cup and handle formationLGBBROSLTD Cmp 709 cup and handle formation break out above 750 on daily closing basis can test 810-910-1012-1075
Long Term Cup and Handle SetupLong Time Frame Cup and Handle Formation.
Look for breakout above 750. Preferable with higher volume.
Target would be 1000+
LG Balakrishna-inverse head and shoulders patternLG Balakrishna-inverse head and shoulders pattern Breakout Daily Time Frame. Entry-700/720 Expect a Target-880/900 Stop Loss-660.only Education Purpose.
LG Bros is it a opportunityIf Breaks Then The Targets can be Taken at 630 .
Time Frame :- 1 Hour
Patterns Name :- Parallel Channel
Symbol Name :- LG BROS
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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LG Balakrishna forming Cup and HandleNSE:LGBBROSLTD on a Daily TF forming a good Cup and Handle like NSE:M_M
Looks good above recent High.
LGBBROS - Support Retest and Subsequent RiseLG Bala has been gradually moving up since June 2021 in a rising channel as shown clearly on the chart.
Inspite of a sizeable correction in the market, LGBBROS has maintained the sanctity of this rising channel and has tested and held this weekly channel support multiple times.
The stock has finally managed to give a short term breakout on both the daily and weekly charts by closing at a 6+ week closing high.
Buy LG Bala at CMP
SL 580 DCB
TGT 665, 730-780 (channel resistance)
LGBBROS Short Term Positional TradeBuy LGBBROS at 585.25
Target 727.15
SL 514.6
R:R 2:1
Reason for buy:
Long Term trendline support
Downtrend trendline breakout with good volumes
Having 200 DMA Support
LG BALAKRISHNAprice has breached its all time high and given weekly close and took that level as support...if it sustains then its upward journey will start..good cup pattern also formed ..good to observe for learners..
LG BALAKRISHNAprice has breached its all time high and given weekly close and took that level as support...if it sustains then its upward journey will start..good cup pattern also formed ..good to observe for learners..
LGBROS | Pullback Candidate after Multi-Yr BO |Buy for 60%NSE:LGBBROSLTD
Pullback candidate to retest support after Multi-Year Rounding Bottom Breakout
Stock making Consistent Higher High & Higher Lows
Did not fall in recent correction of Dec'21 & Jan'22 signals strength & potential new market leader
Buy on any correction B/w 670 till 580
Return Potential : 60%(Min)
Targets : 908 - 1088 - 1378
SL : 558
Golden Cross Over
Monthly & Weekly RSI>60
Swing 2-3 Days Hold LGBBROS [ Long ]This Trade idea is for 24 . 01 .2022
CMP : 705
Buy above 720
Target: 776 1:1 Reward
StopLoss : 663
Note For Safe Trade:
Always know your risk before taking entry..
LG Bros BullishStrong Weekly closing in life time high indicates rally may continue further
concentrate if price sustain above 720 in daily
LG Bros BullishStrong Weekly closing in life time high indicates rally may continue further
concentrate if price sustain above 705 in daily
LG balakrishnanLG balakrishnan & bro. All fundamental are strong except 1 promoters are reducing the stake FII are increasing stake. 2018 high BO on chart ...CMP: 705 sl: 600(CB) target: 850/990/1200
Note: educational post
L G Balakrishnan & Bros Ltd Investment OpportunityFundamentals -This Stock is a fundamentally strong stock(i.e. consistent financial performance and quality management). Piotroski Score of 8 indicates the same.
Technical Analysis- On Weekly Time frame it forming a perfect rounding bottom pattern. Stock has given retest for the breakout( breakout candle 10th Jan 2022)
ADX conformation as well and stock trading above 20 EMA in all the T.F. and 200 EMA in daily T.F.
Target- 930 Stoploss-600
Riskreward Ratio-2.77
Note:- Stoploss to be taken on the closing basis
Trade Opportunity - Buy LGBBROSLTDCup and Handle on weekly charts
Good volume buildup
CMP 705
SL 620
TGT 776/817
Pls follow proper risk management while trading.( Follow SL strictly )
Disclosure : I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this suggestions. Consult your financial advisor before taking any decisions.
Breakout N PatternLong with CMP
SL : Near 650
Target : Open
N Patter on Daily chart frame
Big Rounding bottom breakout on weekly TF
LG balakrishna....uptrendThe stock is showing strength and is expected to reach the levels shown on chart very soon.
