Double bottom in LMW

Very good double bottom seen in Lakshmi Machine works.

After break of neckline price have come back to test the support.

Very good low risk long entry with SL of 10500

Targets of 11700 and 13900 possible

Zlecenie aktywne:

SL 10500

Komentarz:

11700 achieved but buying interest is good. Likely to make new high.
Updating SL to last week low ie 12150.

Transakcja zamknięta: osiągnięto wyznaczony cel:

selling pressure seen at 13750 levels.
Better to book profit.