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Flag like pattern
LTI has had a big move up and now consolidating forming what appears to be a flag - why do i say "appears" - because flags have folds which have a sag at the folds, causing the prices to drift down on decreasing volumes - here the fold of the flag has formed a box like channel - which is not a true flag, but if it manages to break out of it, it can reach the marked levels( targets).
Nota
it has broken out of the upper channel ( fold of flag) - it went up to 4600. keep watching. Today was earnings releaseNota
From 4184 to 4689...that is a good move...and still has fire...today up 6.4%Nota
Target achieved.Nota
Like i said it still has fire....CMP 5053..anyone who thought long term would have made good money...when i posted it ( June 24) it was at 4184...869 Rs...even if you had bought 20 shares only at 4184....it would have become 17K+ todayNota
It does not seem to stop...CMP 6231 right now
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.