Looks good for swing trade LUMAXTECH gave INV H&S BO on Weekly chart Consolidation on Neckline can be seen. Sustaining above 166.50 Levels can be good upside move
DAILY SWING CALL // Wednesday 3rd of March 2021 / NSE:LUMAXTECH // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // CMP / LTP: 147.65 TARGET: 170+ (15% Around) STOP...
good volume accumulation history with 2 months consolidation breakout with vols
Buy at cmp and add in dips till 130 target 150, 177, 190, 220 Sl 110 dcb
DOUBLE BO FROM FLAT RESISTNCE AND FALLING TRENDLINE ON WEEKLY, 150 LOOKS EASY PEESY TGT
LUMAXTECH above 900 on sustaining or closing. Last bar shows rejection from level of 900, so if the buyers are able to take prices above 900 tomorrow and make it sustain then we see further rise! CCI took a beat down by reversing after touching 100 level today. Tomorrow if price moves abv 900 then cci will also enter above 100 level depicting momentum
Lumaxtech giving great breakout with super volumes on weekly chart go long for tgt 660/700 cmp 560..
Another stock idea breaking out a good cup and handle pattern, keeping a trailing SL of 540 more strength can be expected!