price 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..
price 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..
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...
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..
Strong Weekly closing in life time high indicates rally may continue further concentrate if price sustain above 720 in daily
Strong Weekly closing in life time high indicates rally may continue further concentrate if price sustain above 705 in daily
LG 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
Fundamentals -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...
Cup 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...
Long with CMP SL : Near 650 Target : Open N Patter on Daily chart frame Big Rounding bottom breakout on weekly TF
The stock is showing strength and is expected to reach the levels shown on chart very soon.
Stock is trading near its previous ATH levels, which was made nearly 4 years ago and also multi-year resistance levels. Any closing above 670-685 levels on weekly CB, would take the stock to 1000+ levels in medium to long term which is around 50%+ from CMP. Longs cab be considered at cmp with SL as risk appetite for the said target levels. Kindly do your...
L G Balakrishnan & Bros Ltd - 07.01.2022 The stock is trading @ 625 levels The prices are at EMA There is a HAMMER in Hourly Chart There is a DARK CLOUD COVER in weekly chart There is a DOJI followed by Shooting Star in Daily Chart Stochastic is overbought in Weekly chart RSI is overbought in Weekly & Monthly Chart Let the prices go above 632 or go below...
LGB BROTHER CMP 559 stock is out performing currently top 5 of machinery and general industry msi sector group index. recently on chart it has gave nice stage 2 breakout and recent 2 week candle are wide in range and having increased in volume flow.
LG BALAKRISHNA & BROS as per Daily chart analysis the stock has broken resistance 547 and today the stock has also broken resistance 587. Above 625 for a target 650. Resistance at 657 level.
Disclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
#LGBBROSLTD #LGBBROS #LGBROS LG Balakrishna. No. 1 OEM Supplier for drive chains of 2 wheelers. Looks good on chart. I will enter at day close if candle looks good. SL Will be tight and strict, as broader market is dicey. Can be taken for long term folio as well, fundamentally good. !! #vr
Lg Balakrishnan & Bros Limited is third facing the resistance which acts as a strong rejection level. Look for shorting opportunity at this level.