The stock witnessed a sharp breakout couple of days ago from a nice volatility contraction pattern. Am interested in buying this one on a fresh breakout to new highs. Lovely price and volume action.
Perfectly formed Flag pattern has given a breakout today. One can buy the stock for a target of above 1250 applying stop loss 1050(Closing Basis). The pattern formed at the year high level mostly performs better.
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NSE:LUMAXIND
