Lakshmi machine works stock is showing breakout past inverse head and shoulder pattern and can thus target higher levels to the tune of 7000+ levels.
Stop loss in short term traders can be 5300 and for long term traders can be 5000 mark and one can see it scaling the heights of 6000-6171, 6500, 7000+ levels.
A drawback accompanying this stock is poor volumes being a high priced stock and retail traders have a psychological barrier against high priced shares and thus they donot get into these type of shares. This is the reason companies keep splitting their shares face value to ride over the retail traders psychological price barrier.
If you are looking to get your daily dose of prof in intraday market than consider checking out best shares for intraday here and start trading like professional and do not forget multibagger stocks to increase your networth multiple times.
Stop loss in short term traders can be 5300 and for long term traders can be 5000 mark and one can see it scaling the heights of 6000-6171, 6500, 7000+ levels.
A drawback accompanying this stock is poor volumes being a high priced stock and retail traders have a psychological barrier against high priced shares and thus they donot get into these type of shares. This is the reason companies keep splitting their shares face value to ride over the retail traders psychological price barrier.
If you are looking to get your daily dose of prof in intraday market than consider checking out best shares for intraday here and start trading like professional and do not forget multibagger stocks to increase your networth multiple times.
