Gas distribution sector breakout. RSI yet to breakout in that sector. And Likhitha is indeed good company with excellent fundamentals. In this bull run, many stocks emerge cup & handle pattern. Many stocks forming H&S bearish pattern but negate it in right shoulder. This one is also like that. Another eg. shriram pistons. Likhitha getting bullish. Stock has long way to go.
Comment:
Likhitha infrastructure good Q4. YoY & QoQ double digits. Sales, Profit, Margin and earnings. Will head to 412. Higher low yet to be formed either now or at 315
Comment:
Higher low formed at 297 50% fib level. Target 2: 412 reached. 479, 526 subsequent targets.
