LSIL - Lloyds Steels
🔹 Technicals:
▸ Large base breakout supported by high volumes
▸ 250% up move from March bottom to the recent top
▸ Currently, it's taking a pause and pulling back to 20, 50 EMA.
▸ There are 2 zones of interest for buying - first near the 20, 50 EMAs, and second near the demand zone at 33-36.
▸ Good chances of moving towards 60 and higher in the mid-term.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
▸ Large base breakout supported by high volumes
▸ 250% up move from March bottom to the recent top
▸ Currently, it's taking a pause and pulling back to 20, 50 EMA.
▸ There are 2 zones of interest for buying - first near the 20, 50 EMAs, and second near the demand zone at 33-36.
▸ Good chances of moving towards 60 and higher in the mid-term.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
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