Looks like Laxmi Organic Industries Ltd about to start uptrend ?
LXCHEM comapny is done coorrecting from chart's point of view. Looks like Double bottomm in weekly chart.
It comes from chemical sector where all stocks from this sector are coming out from long downtrend. So looks like sector backup is there.
Need to wait for trendline and Horizontal reistance breakout to confirm for safe trader.
Can be a plan very good long term trade.
Note: No idea about Fundamentals.
It comes from chemical sector where all stocks from this sector are coming out from long downtrend. So looks like sector backup is there.
Need to wait for trendline and Horizontal reistance breakout to confirm for safe trader.
Can be a plan very good long term trade.
Note: No idea about Fundamentals.