above 405 or safe above 420
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. It has advantage as the CNG demand is increasing and so we need infrastructure to satisfy the demand. This company will be benefited. Good one for...
Price is trading inside a symmetrical Triangle pattern. Price is in uptrend Volume increasing with price up and decreasing with fall Support near 340 Upside may be 470
LIKHITHA - Exit and Sell Zone Wave 5
Likhita Infra is a very good short tem bet when crosses All time High - 419
Why I like this structure? 1)Relative new listing - These always have more potential (look at Happiest Tech) 2)Uptrend structure even when market was pulling back 3)Good volumes on up days and low volumes on pullback days 4)Trending RS line (This is not RSI , I am referring to Relative Strength - Performance in terms of broader market) 5)Molality contraction seen...
LIKHITHA INFRASTRUCTURE COMPLETED IT'S 5 WAVE IMPULSIVE MOVE AT 358.LONG'S SHOULD BE LIQUIDATED ON IMMEDIATE BASIS AS IN COMING DAYS AN ABC CORRECTION CAN TAKE PRICES TO ATLEAST 277 LEVELS(38.2% RETRACEMENT OF ENTIRE IMPULSE).
Likhitha Infrastructure Ltd is involved in developing CNG-GAS stations and gas pipelines and also has clients like igl, mgl, guj gas & adani gas. It started a big rally because of the Indian govt interest in developing a huge network of CNG stations all over India. Technically, stock gives a strong BreakOut in the Day TF and can make a strong rally in the next...
it has formed double top at 284 on daily chart, either it could consolidate until it touches 21 EMA or it may fall upto 21EMA. if it breaks recent swing low it can fall further down.
Likhitha Infra - break out above 172 for 190 target
NSE:LIKHITHA LOOKING GOOD TRIANGEL BREAKOUT BUY ABOVE 166 ADD UNTIL 150 STOPLOSS 145 TARGET 180-200-220-240+ POSITIONAL CALL