1. Trend: Bullish 2. Set up: Reversal from support 3. Resistance may turn into support 4. RR: 1:7
Sector: Infrastructure MONTHLY & WEEKLY chart shows HH & HL pattern formation... daily chart shows accumulation @ weekly demand zone.... 320-325 zone is major resistance zone consider it as partial profit booking.... one can accumulate this stock for all time high target...
Stock trading in upward channel Expecting stock to provide a 15 to 40% move from current levels Keep a stop loss of 255 on day close basis
likhita infra made hh-hl pattern cmp 281.90 sl 250 tgt 300,330,360
Likhita infra is a good investment stock. Good cup and handle breakout will be confirmed once a weekly closing is done above 320. Risky traders can enter today if stock closes above 320 with SL below 292 DCB. Targets can be 370, 400++ in medium term. Idea shared only for educational purposes.
After Inverted H&S and C&H pattern, Likhitha hits ATH today. Latest news QIP investments. 1h volume is good. Raising Higher lows. Fundamentally good company.
Positional Trade Likhtha Infra on verge of next move
Look at the selling pressure of Likhitha at 316 which is 161.8 Fib level. Inverted H&S pattern broke along with long term trendline but price pumped up next week after pattern broke. Once weekly close is above 316 with good volume, then we can expect Likhitha to move further.
Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
Likhita Infrastructure which is a good fundamental company has a good chart informed cup and handle which is likely to go to a good price above
Inverted Head and Shoulder Pattern Disclaimer: Study purpose. No recommendation
2 possibility for Likhitha. 1. Take entry at 257Rs SL at 243Rs Short term target at 329Rs 2. Take Entry at 181Rs SL at 160Rs 10 months target 362Rs
*What the company does ? Likhitha Infrastructure Ltd is a company that specializes in tasks like laying pipelines for supplying gas, constructing canals for irrigation, building bridges over those canals, and carrying out maintenance work related to these projects since 1988. Company's clients- GAIL, IHB, HPCL, IOCL, ONGC, IGL, IOAGPL, TGPL, IGGL, BPCL, etc....
300 breakout price. Keep stock add your watchlist.
Likhitha Infrastructure is in uptrend and currently at demand zone and at trend line support , it reacted postively multiple times from the trend line it is good buy for short term postional get 25 to 40 and book profit and exit. Buy at or above 225 stop loss 210 Target 240 ,250 ,270 and trail further with price aciton.(CMP 226).
Simple Things Works best in Market Likhitha Infrastructure Lovely Following 9EMA line from its WDZ CMP-289 Now let's see if it crosses it's DSZ then Sky is Open Above 316. Currently 1Hr CHART, stock retested the DSZ BREAKOUT with Decreasing Volumes and Hammer formed on Support Zone NOTE:- Yesterday only Likhitha Win Order of 236cr Rupees Disclaimer:- This is...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
Monthly RSi above 55 Good momentum stock good volume. trending stock holding 6-18 months Note: Just Educatoin purpose only.