Lakshmi Machines has surged past the 18000 resistance level confirming a breakout backed by strong volume as seen with an arrow on the chart. This move indicates strong bullish momentum with the next potential target in the 20000 range. The RSI is also nearing overbought levels, reflecting high buying interest. A sustained move above 18500 could propel the stock further making it a solid candidate for a short-term rally. Watch for a retest of the breakout level as a potential entry point.
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Anche su:
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.