Lakshmi Machines: Breakout with Strong Momentum

Lakshmi Machines has surged past the 18000 resistance level confirming a breakout backed by strong volume as seen with an arrow on the chart. This move indicates strong bullish momentum with the next potential target in the 20000 range. The RSI is also nearing overbought levels, reflecting high buying interest. A sustained move above 18500 could propel the stock further making it a solid candidate for a short-term rally. Watch for a retest of the breakout level as a potential entry point.