Lakshmundhada

Lakshmundhada

It's a multi-year breakout!! Price may give a pullback up to the channel's upper edge. It's an investment opportunity for 2 to 3 years. Volumes have been increased drastically for over 6 months. Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose, just to give an idea on...

Lakshmundhada

In the previous post what was manifested happened the same. Now what? 1) If price takes out 8th Oct 2020 low in 15mins time frame the target will be S1. 2) If price takes out S1 in 15mins times frame then Target will be S2. 3) If the price holds S2 & buying setup forms in candlesticks then the price will see an upside move till T1. 4) If price takes out T1 in 1Hr...

Lakshmundhada Updated 

Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!! DO NOT FORGET to put your own STOPLOSS!! If the price is unable to take out the red zone in 1hr & 4hr time frame then it will consolidate in between the red and green...

Lakshmundhada Updated 

HAL has broken the technical indicators due to the sudden OFS introduced by the company & opened Gap-Down. Then the price also started falling down due to the traders who were booking their losses. Then came the quarterly results and made the price fall even more and that's why most of the retail investors got trapped. So, this analysis may help them clear their...

Lakshmundhada Updated 

1) On the downside if price takes out S1 in 15mins & then S2 is the target. If S2 is also taken out in 15mins then S3 is the target. If S3 is taken out in 1 Hr time frame then the white dotted line is the target. 2) On the contrary, if the orange line is taken out upside in 15mins then the orange zone is the target and price can reverse back from there if not...

Lakshmundhada Updated 

Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!! DO NOT FORGET to put your own STOPLOSS!! KEEP STRICT STOPLOSS! If support S2 and the yellow trendline is taken out in 1 hr time frame then there is only a LAST HOPE...

Lakshmundhada Updated 

Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!! DO NOT FORGET to put your own STOPLOSS!! KEEP STRICT STOPLOSS! If it retraces back in then it will take a pullback upside otherwise it will fall to the levels...

Lakshmundhada Updated 

1) Price should sustain at least 30 mins to 1Hr above the last trading day high to reach to the 1st target. 2) If the price takes out T1 in 1 Hr & 4 Hr time frame in coming trading days then T2 is the target. 3) Global markets should be positive so that our market can also move up. 4) Several factors matter with multi-confirmation to enter into a trade. So, do...

Lakshmundhada Updated 

1) If the blue support line downside is taken out in 15mins & 1 Hr time frame then the target is a green zone with a white trendline. 2) If the price sustains above Strongest Resistance line & takes out orange & pink line in 1Hr & 4Hr time frame the uptrend is expected. 3) Be careful because the price can touch the orange trendline & reverse back downside, same...

Lakshmundhada Updated 

Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!! DO NOT FORGET to put your own STOPLOSS!! KEEP STRICT STOPLOSS! 1) Green zone is the strongest support, earlier it was used to be the strong resistance. If price sustained...

Lakshmundhada Updated 

Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!! DO NOT FORGET to put your own STOPLOSS!! The most important point is if price wants to go up then it must have to take out the yellow trendline in 4hr & daily time frame....

Lakshmundhada Updated 

Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!! RSI is weak but from here it might take a short term pullback till the levels mentioned above. L&T is a stock for long term investment and getting a...