Amrish
LT Foods Ltd (DAAWAT) has given a strong breakout above its multi-month resistance zone around ₹447.5, backed by rising volume and momentum. This marks a fresh 52-week high, supported by bullish RSI strength (above 80). 📈 Trade Setup: 🔹 Entry: ₹447.5 (Breakout Retest Zone) 🔹 Target: ₹670 🔹 Stop Loss: ₹373 🔹 Risk-Reward Ratio: ~3:1 ✅ Why I Like This Setup: Clean...
✅ Setup: 🔹 52-Week Breakout The breakout is clearly above a major consolidation/resistance zone around 1265–1270. 52-week breakouts are strong bullish signals, especially when accompanied by volume and RSI confirmation. 🔹 Volume Confirmation Volume (5.19M) on the breakout day is significantly higher than average, confirming buying interest. 🔹 RSI RSI is 80.91,...