L.T. FOODS LTD NSE:​DAAWAT

-LT Foods has broken out nicely since the first two posts. -Fundamentally sound company. -Consolidating nicely with a bullish blag pattern. -Volume drying up in the consolidation pattern. -Watch for break. Disclosure: Invested from lower levels. This is not an investment advice. Do your own due diligence.

Stock breakout of the short term resistance line; Now falling back to retest the previous supply level. Can retest at either of the two levels, although the first level looks more probable. Supply very less. Lets see how the market plays out. Views invited.

Levels mentioned in chart. Educational purpose only. (Invest based your own analysis or based on your financial adviser advice)

Unfilled Gap Volume Support CC(D) crossing 100 CCI(W) on the verge of crossing 100 CCI(M) >100 TGC with Strength Reversal confirmation Bullish Wedge pattern Target 128 / 139 / 158 SL 87

-Stock up 13% since last post. -Breaking out of the potential descending triangle with high volume. -Comfortably above all moving averages and no strong resistance close by. -Momentum indicators still bullish. -Rs 100 mark should be the next psychological resistance. -Fundamentally sound company with strong expansion plans. Not an investment advice. Do your ...

-Long term uptrend acting as a strong support. -Holding nicely near key support. -Bullish candle. -Divergence on RSI. -Divergence on Stochastic. -Volume drying up as the stock has moved lower in the recent past. -Potential triple-bottom formation.

NSE:DAAWATPitchfork Play + Kumo cloud support + expected formation bull Gartley/Bat + Support from the weekly pivot and ML pitchfork+ projectile to outer ML of Pitchfork/0.618XA of the harmonic in formation/R1 resistance by traditional system... Also note the 200MA (daily)(this is a weekly chart so using 40 as data to match the same) is moving to intercept our ...

All details on the chart

Retracing from near 61.8 fibo levels with strength Reversal confirmation with 2 BH > 50%CH Gapup TGC with strength Resistence/Target 99 / 110 / 137 / 150 SL 88.5

Look into the chart for the levels.

in daily, cup and handle pattern formed here, in weekly, price closed above upper BB and BB is expanding , https://in.tradingview.com/x/7hKKrJFV/ with sl - 73, pattern tgt - 105,

Stock look good for long term view from CMP 80, Stock can be add between 80-73 with SL of 68 weekly closing basis

LT foods (Daawat) cmp 83. Long ONLY ABOVE 86. Stop 70 Target :(86 - 56)*0.50 + 86 = 101 PLUS 1) Nice consolidation pattern in the form of a cup post good uptrend. 2) Stock respecting the long term support trend line. 3) Good volumes on the right side of the cup indicates big money flowing into the stock.

daawat( lt foods ) is fundamentally good and had just given a breakout today .. agree it may not sustain . but a good possibility of great upside has arised now!!!

This stock has formed a cup and handle pattern. Currently it is facing resistance at 70.3 with support at 66.3. One can long above 70.3 with SL at 63.5 for T1- 76 T2- 80 T3 - 84 if 84 is broken it may test 95 which is ultimate target of cup and handle.

Symmetrical triangle breakout Buy at 72 Target 84 CBSL 65

All in Charts!

braking out of bullish pennant pattern for the next upmove. Buy with tgt of t1 85 , t2 105 with sl of 60