LAXMIMACH breaking out from triangle with volumes Targets Zones: 7120-7846 Stop Loss Zone: 6442 closing basis Disclaimer: This is just my personal view. Please do your own research before trading.
Chart is telling a really good story :)
Laxmi Machine is Follow the Trend Line this Stock this Ranf Sideway or Follow the Trend, I Think Wait For The Conformation Candle
Disclaimer :- This is not any buy or sell recommendation. This is just my personal view on this counter. Kindly consult with your financial or investment advisor before investing. There is Breakout generated in LAXMIMACH on weekly chart. With rounding bottom pattern. Next levels as below :- 1st Resistance :- 7800 2nd Resistance :- 8440 3rd Resistance :-...
This stock is been in uptrend since a year. Now it has been retraced and took the support of 30 sma and closed above 15 sma. Volume chart is also looking good. Buy above 6485, SL- 6165, Target 8 to 10 %. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Keep a watch on Laxmi Machine above 6260 and below 6209. More probability of a long trade.
LAXMIMACH has tested 3950-4000 level multiple times and again closed very near to this level. If manage to break it, then it can show good intraday movement. If provide closing above 4010, then can be taken as positional for 4500 & then 5000 levels. Volume build up in recent weeks is also indicating bullish momentum if levels are crossed. As company don't have...
Good Rounding bottom pattern in daily and weekly charts and looks good for long.
Long above 4100 we can see target of 5100
Disclaimer: Analysis for educational purpose, Long View for investment. On weekly chart nice Head and Shoulder pattern above Resistance Lines long view and upward trend. Laksmhi Machines is diversifying into Aero Space and Defence sector too! Bullish on its future course. Do your own analysis and take well inform decision.
BUY BETWEEN 3550 TO 3650 WITH STOP LOSS 3460 TARGETS WILL BE 4000/ 4300.