VCP in LODHA - 25% up move expected after breakout
MACROTECH DEVELOPERS (LODHA) - is nearing its 52 week high with a dry up in volume on a daily time frame with a consolidation from the past 100 days.
The company has seen an influx of institutional investing in the last quarter.
Good for swing traders to be kept on watchlist. Look for volume gain above the 30w moving average on weekly time frame.
Can expect an upward momentum of a min of 25%.
Entry - INR 1245
SL - 8%
TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
The company has seen an influx of institutional investing in the last quarter.
Good for swing traders to be kept on watchlist. Look for volume gain above the 30w moving average on weekly time frame.
Can expect an upward momentum of a min of 25%.
Entry - INR 1245
SL - 8%
TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.