According to the Elliott Wave Theory, the Elliott Wave Structure describes the pattern and arrangement of price movements in financial markets.
Based on extensive analysis, it appears that the stock has completed wave 3 on the daily chart. Wave 4 in the a-b-c pattern has begun. Currently, it appears that the first wave (a) of wave 4 is over and the second wave...
SWING CALL
Hii all , as we can see after taking support of 50 DMA Lumax industries is rising again and hope to follow its channel
Add LUMAXIND @ 2100-2120
Target : 2220-2275
NOTE : TRADE AT YOUR OWN RISK
LUMAXIND:- Stock has formed double bottom and w pattern on monthly chart. keep an eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the...
Lumax industries formed a bullish marubozu candle on daily/weekly time frame with a huge volume burst, Chances of hitting next resistance level , SL - 1700
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...
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
12-11-22
Small Cap Auto Ancillary Company
Financials are good
FII and DII are increasing stake
Q2 Result is very good.
There is no any recommendation of trade.
this is only for educational purpose.
ON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned...
Lumax Industries #lumaxind is another potential #multibagger with the multiyear #breakout. CWIP increasing and OPM is gradually increasing as well. Strong promoter holding and a manageable debt.
SL~ 1220 WCLBS
#lumaxindustries #investing #stockmarketindia #nifty
Observed possible symmetrical triangle breakout in Lumax Industries. Previously stock was facing resistance multiple times at the trend line. Now we can see the price is moving above this trend line. We can also see increased volume at this point. We can enter the trade if the price closes above 1525. All possible targets are mentioned on the chart.
Trade set-up...
#LUMAXIND (W):- CMP 1455.65 Looks Good above 1560/1600 For More Upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
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...
