My dark horse.

17 ก.ค. 2021

This is a weekly chart of LT. The stock has given a cup and handle breakout on weekly chart. This breakout is also called as breakout above multiple tops. If you see, in the past this stock has taken resistance multiple times around 1560 to1600 levels. This week, however, it has managed to give a clear breakout after 2 years. 1600 used to be its all time high and it has broken it with huge volumes. This stock will be moving under blue sky, means there's no upper cap for this stock. My target is around 3200. It should take around 2 years, as mentioned earlier. It's a great fundamental company so investors should take this opportunity to buy this stock. SL should be 1550 weekly basis.

View - medium to long term.
Time - 1 - 2 years.

14 ส.ค. 2021

บันทึก

Target hit. Revised target 1800