A good company corrected in recent mid-caps and small caps ca range a goo buy around 50/55 levels for short term target 80 rs and for long term easily 100++ dividend paying company and global outlook and presence is good near to krbl and a growing company so investment wise really good in the rice sector....
Please let me know if my pattern is wrong or any...
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.
-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 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...
LT Foods Ltd. is a holding company, which engages in the manufacture and storage of rice products. The company offers contract farming, procurement, storage, processing, packaging, distribution, and research and development of rice and rice food products. Its rice product portfolio comprises of brown rice, white rice, steamed rice, parboiled rice, organic rice, quick cooking rice, value added rice, and flavored rice in the ready to cook segment. The company was founded by Vijay Kumar Arora in October 16, 1990 and is headquartered in Gurgaon, India.
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