LUX INDUSTRIES: Near 2 Year Trendline Breakout! ⚡⚡Trendlines and levels are marked. Candle is a bullish kicker. Volumes are good spiky!
LUXIND trade ideas
Completed ABC correction and breakoutLux industries completed a corrective pattern and now it seems it has broken out of this structure for next bull run..
LUXIND, POSITIONAL VIEW NEARING BREAKOUT (CHART# 408)All levels mentioned on chart
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Piyush Gupta
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LUX IND BUY CALL FOR SWING TRADERAny of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
luxind looks strongluxind looking super strong for short term after making HH
it has took the breakout pattern V and looking for the near term tgt of 1445
Lux industries is in high consolidated and wait for breakout.Two baby bump pattern is made in 15 min candle and Fibonacci level is reversal zone. It respects the support at 1120 and made consolidation zone, If the breakout happens 1150, we will go for a long position for the target of 1270 within a week and with the stop-loss of 1120.
Lux Industries Ltd. - B above 1199 SL 1080 TGT upto 1450Lux Industries Ltd.
The stock is trading near the resistance level (1142.50) and took a strong resistance from 200EMA.
RSI is above 60-level and is BULLISH.
TT2 DAILY TREND is BULLISH.
If the price trades above resistance level 1199, a Breakout is expected. The nearby resistance is 400EMA followed by 1300 and 1450 levels. Support is 1080 on the daily chart.
KEEP AN EYE!!
***this is my personal view. Please take advice from your financial advisor before investing.
LUXIND: Yeh Aaram Ki Baat Hai.....Harmonic Bullish SHARK.
Matching LOW Bullish
.... Levels & other details mentioned & plotted on Chart.
Snapshot in NSE' Chart showing "Bullish ENGULFING" in Candlestick Pattern.
Education purpose only.
LUX Industries Posible ReversalLevels mentioned on chart.
Use HURDLE LEVELS for Partial PROFIT &
BOUNCE LEVELS for Accumulation
Education purpose Only.
