In this idea I am going to introduce you all my new concept for positional buying in the form of a simple strategy . I have noticed that many of new investors and traders enters in the market in random manner either they enter in a running candle or they enter by choosing some moving averages or RSI but whatever they choose to enter a trade they mostly miss the...
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 and...
1. Trend: Bullish 2. Set up: Fresh breakout 3. Breakout: after 5 months consolidation 4. RR is lucrative
1. Fresh breakout with ATH breakout 2. Big rounding bottom pattern 3. Candle close shows strength in the move and dominance of bulls 4. Trend is up
Sales have increased by 65% YoY and Operating margins have expanded by 14 % . The company had recently acquired a business.
Lumac- 8 ka funda 100>200 TRAP 1) Consolidatin 2) Seems it may up move as not too far from 200 ema
lumax tech good above 386 cmp 384.25 sl 320 tgt 420,465 above 520 gave good run.
⚡️Stock trading near ATH ⚡️Good Quarterly Results ⚡️Surfing along 21 WEMA ⚡️3 months tight range ⚡Rectangle Pattern 🔴 SL 360 🟡 CMP 372 🟢 TGT 410/465/558
Lumax Auto Technologies Ltd.: Navigating the Waves of Automotive Excellence Let's dive into the world of Lumax Auto Technologies Ltd., a stalwart in the realm of automotive components. About Lumax Auto Technologies: Lumax Auto Technologies Limited, a proud member of the Lumax-DK Jain Group, stands as a market leader in crafting automotive components. With...
Multiyear Breakout - Done. Small Retracement - Done. Bullish engulfing on Monthly Time Frame. Bullish on Weekly Time Frame. Trend line broken on Daily Time Frame. Risk to Reward very good. Excellent stock to Buy and Hold for 6-9 months.
Stock has given previous high breakout on monthly and retested the breakout levels. After retesting it has started its journey to North again. My target will be 400 in 3months. Q4 has been better it seems.
BUY - LUMAX AUTO TECH CMP - Rs. 375 Target - 1: Rs. 477 Target - 2: Rs. 551 . Timeframe - 4-8 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
NSE:LUMAXTECH ✅ #LUMAXTECH trading above Resistance of 308 ✅ Next Resistance is at 368 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
*Lumax Auto* Study - Rounding Bottom Pattern -- Had a breakout of Demand zone with high volume -- Had a retest with high volume near previous demand zone -- Reversal from Demand zone near 300 Target - 350+ SL - near 275 zone This chart is only for educational purpose. Do your own study before taking any trades
LumaxTech gives multi year breakout. Buy when it retest or re-traces to breakout levels
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...
Please note this is for education purpose only. Please do own research before you take a trade
Cup and handle breakout in Lumax Auto tech Ltd with high volume...