LUMAXTECH as per Day Chart Analysis Stock ABOVE 274 TARGET 279. Happy Profitable Trading to All...
Small trade opportunity in LUMAXTECH. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reverser immediately. Target 1: 260 Target 2: 300 Stoploss: 200 Happy Trading!
We can observe that the price has successfully closed above the previous 52 Week's high price which was a major supply zone and the price has reversed from that zone couple of times. Increased volume gives confirmation for zone breakout. The stock has the capacity to make nearly50-60% up move in the coming days. Trade set-up 1) Ideal entry price would be...
Parallel Channel Breakout in Weekly. S-Retracement Completed as well
Stock Name - Lumax Auto Technologies 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 273 #This is not Buy and Sell recommendation to any one. This is for...
FORMING INVERSE HEad and shoulder only for education purpose
Lumaxtech is finally giving breakout of cup & handle pattern in monthly time frame, i'm waiting for monthly candle closing and if at the month end, there'll be strong candle closing, i'll go long.
Lumax Auto Tech- Ascending Triangle Pattern Breakout Weekly Time Frame. Only Education Purpose.
4 Years #Multiyear #Breakout in #lumaxtech (Lumax Auto Technologies Ltd). #LUMAXTECH is #Outperformed #Nifty in current scenario. BSE: 532796 / NSE : LUMAXTECH ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest...
Lumax auto share is about to breakout its levels it seems breakout will be LEGIT because there is consolidation going on, we can expect a immediate target of 280.
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
RSI is consolidating between 55-60. Trading above 20DMA. consolidating above 20DMA with low volatility. closing above 183 can give rally toward ATH on daily chart. R:R is 1:3 Monthly chart looks more interesting. ATH breakout on Monthly chart will pullout further rally
all levels provided on chart. looks very promising. self explanatory. follow strict stoploss.good luck
Volume is hinting something happening in the stock.... Wonderful Cup and Handle BO on weekly TF..... Great stock for positional buy..... 2x on positional basis
RANGE BREAKOUT - GOOD CHART PATTERN Buy@CMP TARGET 1 - 165| TARGET 2 - 182 Disclaimer The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be...
The chart is self-explanatory. The stock has strong support at 130.
Lumax after hitting several times 145 seems like to break it and move into new zone!! If crosses above 145 be ready for 10% swings