simple ORB strategy....i will buy near EOD if the price trade above the blue line..after enter(SL) red line below close candle in D' chart i will come out .....target minimum 12% and above
its just my view educaltional purpose only
Stock is trading on support zone.
Favorable R:R
Charts are the self explanatory. Please go through the charts for getting Target and Stop Loss
Points to note:
1. Trade duration - min 60 days
2. Stop Loss - Mandatory
3. Trail Stop Loss time to time
#SwingTrading #StocksToTrade #trade
Stock Name - Lg Balakrishnan & Bros Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1230
#This is not Buy and Sell recommendation to any one. This is for...
BUY - LG BALAKRISHNA & BROS
CMP - Rs. 973
Target - 1: Rs. 1270
Target - 2: Rs. 1490
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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LG BALAKRISHNA bros in weekly raising wedge breakout and also in day rounding bottom breakout with bullish. If it sustains above 1064 in the day chart it will reach the target 1184. Stop loss 1039.
Attached: LGBBROSLTD Daily Chart as of 20th June 2023
Today Price gave a Clean Strong Volume Breakout making New ATH and signaling that the Blue Sky is now Open for Price to precisely breach past the 4 digit aka 1000 level mark !
- Past few candles have strong Volume buying and the Base from the Price has taken off is also well within what you may call...
Stock Name - Lg Balakrishnan & Bros Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 930
#This is not Buy and Sell recommendation to any one. This is for...
LGBBROSLTD
spotted bearish harmonic
Study-Practice-sharing
Educational purpose only.
This is not a recommendation -
I am not SEBI registered - Do not TRADE/INVEST basis what I publish here.
I am not responsible for your loss or gain.
Inspired by - Trading Mirror telugu
Hi friends, in the LG Balkrishna volatility is contraction is happening in weekly timeframe. It is also close to 52 WEEK HIGH ZONE. hence keep eye on it.
The weekly chart shows the price above 40 week SMA and also above the previous swing high of 670... the idea is to go long with stop loss of 665... the target can be derived by the cup width which comes to 1195
This scrip is expected to give breakout in the coming days as it had formed a beautiful pattern . So traders keep on your radar for short term pick and try to catch the momentum. Thanks to all 🙏🙏🙏
