🚀 BREAKOUT RADAR
Lloyds Engineering Works — Daily Chart | Buy Setup
Lloyds Engineering Works is showing a strong breakout attempt on the daily chart after several weeks of consolidation between roughly ₹80–₹98.
The current move has pushed price into the ₹98–₹100 resistance zone, with a clear pickup in volume supporting the breakout attempt.
Buy above ₹100 only after a sustained breakout/close with volume.
🎯 Targets: ₹105 → ₹110 → ₹115
🛑 SL: ₹95–₹96
A successful retest of ₹98–₹100 followed by bullish price action can also be watched for entry.
The key is breakout confirmation + volume. A rejection back below ₹98 would weaken the setup.
Lloyds Engineering Works — Daily Chart | Buy Setup
Lloyds Engineering Works is showing a strong breakout attempt on the daily chart after several weeks of consolidation between roughly ₹80–₹98.
The current move has pushed price into the ₹98–₹100 resistance zone, with a clear pickup in volume supporting the breakout attempt.
Buy above ₹100 only after a sustained breakout/close with volume.
🎯 Targets: ₹105 → ₹110 → ₹115
🛑 SL: ₹95–₹96
A successful retest of ₹98–₹100 followed by bullish price action can also be watched for entry.
The key is breakout confirmation + volume. A rejection back below ₹98 would weaken the setup.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.