$$$ Lokesh Machine $$$
Among top 5 CNC toll manufacturing Company, & only private company license to manufacture machine guns. Company increased capacity from 12000 to 40000 units.
Still can be enter at this levels.
Expect minimum double from these levels.
Can see for investment, accumulate in every dip.
#LOKESHMACH trading above Resistance of 394
Next Resistance is at 591
Support is at 288
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
#LOKESHMACH trading above Resistance of 288
Next Resistance is at 394
Support is at 183
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
#LOKESHMACH trading above Resistance of 183
Next Resistance is at 288
Support is at 118
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
The stock recently underwent a substantial multi-year breakout, marking a significant event after a prolonged 16-year period. What's particularly noteworthy is the consistent increase in volume leading up to the breakout, suggesting a steady accumulation of interest in the stock. This volume pattern indicates sustained buying activity before the breakout,...
Lokeshmach - Nov 2023 Multiyear BO Confirmed.
This is not a buy sell reccomdation. This is for my learning and recording purpose.
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lokesh share is a classic case of consolidation breakout and bullish consolidation for days nr 180. aiming a tgt of 20% or 220 today hit 224 high in 10 days. enjoy
Detailed View about this Breakout:
No.of Resistance: 5
No.of Support: 7
Consolidation days : 700+ days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
The stock is forming bullish flag pattern which provides a good swing setup.
This analysis is just for educational purposes. Do your own research before investing in any of the security.
Stock is trading in higher high pattern maintaining supportive trendline and given huge BO with massive volume spike, follow chart for proper support and resistance levels.
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
BUY - LOKESH MACHINES
CMP - Rs. 145
Target - 1: Rs. 210
Target - 2: Rs. 260
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Technicals - Double Bottom BO
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This is just a view by an expert analyst, please invest at your own risk.
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Successful breakout with huge volumes.
MONTHLY,WEEKLY,DAILY BREAKOUTS
CAN BE A POTENTIAL MULTIBAGGER.
Note: not to be taken as tip/advice...just for knowledge.
Stock Name - Lokesh Machines Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 130
#This is not Buy and Sell recommendation to any one. This is for...
