Hi, NSE:LLOYDSME has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Daily and Weekly time frames. RSI is also on the bullish side on daily and weekly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss...
Good volume buildup in daily and weekly timeframe. All time high breakout with good volume. wait for retest on or near trendline for conformation. NOTE: i do my analysis, do your before trade.
Pennant Breakout Setup RSI near 60 and rising Trading above EMA50 Wait for Breakout confirmation Disc: for study, not a recommendation
LLOYDSME- 8 ka funda + w ema + M ema + 100>200 + WL 1) Used W ema low less than W Ema 2) Consolidated 3) May breakout
Lloyds Metal consolidation is happening which is likely to be followed by a Break out
~All the information given in the chart is for the educational purpose only. ~Do your own research before investing. ~This is not my recommendation. ~My recommendation--LEARN MORE EARN MORE.
#Lloyd Metals : CMP 153 .. Good BO after 12 weeks conslidation. Good for upside 175/195/220 SL 125 ROCE 36% ROE 47% Promoter Holding 74.4%
The one stock that I am keeping a close watch is LLOYDSME. It is forming a bullish ascending triangle pattern. It will be a good bet with respect to medium term perspective. The stock has just recently got split and accumulating at this level. The range of the pattern is Rs 6.9. The breakout will yield a good interest on the investment.