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
Resistance of 145 hit up several times but seems to get break tommorrow for a new zone.. keep on radar once cross 145 gonna have 10% returns in one or two days! Happy earning
40 % Upside Move Buy AT Support Sell At resistance Ratio - 1:5 Buy at current price - 139 Target - 186 next traget - 207 Stop loss - 130.75
Lumax Auto Technologies is forming an inverse head and shoulder pattern on the daily time frame. Price has shown strength with strong closing with good volumes. SL 158 Target 206
This stock has formed the classic cup and handle pattern indicating a possibility of a breakout. Stop loss can be maintained at 158, which is the bottom of the handle. Supporting Technicals: RSI: 65.6 ( Bullish but not overbought) MACD is above its center and signal Line, this is a bullish indicator. P.S: This idea is for educational purposes only and should...
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This scrip is expected to give breakout as it is on the verge of breakout . So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
On the weekly TF LUMAXTECH is on the cusp of breakout with good volumes after the formation of cup and handle pattern. Keep an eye on it! Keep supporting! Keep learning! Keep earning!
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in...
All level mentioned on chart ✔️
Buy above 174 for further upmove