Likhitha has been in a good consolidation after starting bull run... longer the consolidation stronger the breakout... Here there could be a retest of breakout for resistance trendline of consolidation flag after that it could fly high! NSE:LIKHITHA
Likhitha gave awesome results, buying is returning as we can see, looking for a good upmove again.
likitha infra structure good to enter and it forms triangle pattern and ready close breakout
Wonderful swing trade with target potential of 28% Reason to trade - 1. Breakout of 50 EMA with good volume 2. Trendline breakout 3. Breakout of Horizontal Demand Area 4. Has made a breakout and then retest which is a bullish pattern . 5. RSI above MA Do you guys want me to make Video explanations of stocks in YoutTube?? If yes please do comment Please hit the...
company with good fundamentals now available on very good technical level for good R:R corrected & consolidated from ath 480 in june 2021 now breaking the supply zone with rising volume and RSI showing strength in Daily as well as weely timeframe one can buy at cmp for the good R:R SL daily closing below 310
As U Can See Form The Sep Q2 Results That Lihita Justify Its Valuation, But Its Is Stuck In Between 365-385 Level From A Long Time , As If Its Crosses The 395 Level So U Can Aim A Taget Of 430 First, Them 455 Second And 480 Third . And If The Next Q3 Results Falls Its May Go Down To 300 Gain So Exit Your Postion At 350. At Present For Swing Traders Buy It At 362...
Triangle pattern in LIKHITA. Also there is Bullish MACD crossover today.
Company is engaged in the business of Pipeline Laying providing comprehensive erection, testing and commissioning of Oil & Gas Pipelines, City Gas Distribution Projects and Operation and Maintenance (O & M) Services. Our operations include three principal business lines: (i) Cross Country Pipelines and associated facilities; (ii) City Gas Distribution including...
NSE:LIKHITHA has given a stellar 4X returns past its listing. A good correction has made a 50% retracement and then bounced back on. The Corrective channel is getting broken out and it will start rushing towards Rs800 level in 7-8months
Stock have given breakout with above avg. volume. The candles which have formed in last few sessions are bearish but looks weaker as there is continues decrease in volumes. This means sellers are not that powerful at these levels now. While using Fibonacci, applying top to bottom, I see that it have tested 0.61 level. Which means there's high probability of...
Price resting at old SR level. Buy possibility at cmp 393-390 SL close below 385 PA to watch
This scrip is choosen for low risk set up and it suit for swing Trade. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
This is Daily timeframe. Make or break situaton has occured in Likhita. But with help of volume it seems to be more on bullish side. In coming days we will get the trend confirmation with breakout or breakdown. This post is for information purpose only.
Likhitha Infrastructure Ltd is engaged in the business of Pipeline Laying providing comprehensive erection, testing and commissioning of Oil & Gas Pipelines, City Gas Distribution Projects and Operation and Maintenance (O & M) Services. Company’s operations include three principal business lines: (i) Cross Country Pipelines and associated facilities; (ii) City...
SWING TRADE: LIKHITHA INFRASTRUCTURE, buy now with SL below 435, SL is big so take your entry according to that.
Bought on 18th after clean breakout. 21st and 24th was not a good close as the stock couldnt close in the upper half of the days price action. Closed half position on 25th as there was strong red candle, remaining half was closed on 28th after the breach of 25ths low. We can exit the stock before the stop loss hits, but it should with proper conviction.