LIBERTSHOE trade ideas
W shape breakout Stock have beautiful breakout with gap up opening and also sustain above 310 level
My Target is 360 at stop loss 305 strictly stop loss
Festival season stock
Stock can leads festiv season huge demand in this period so expectations also high from invester
Fundamentals also have good stock well known branded in shoes company
No recommendation for buy and sell
Libertshoe- Ascending Triangle pattern📈 NSE:LIBERTSHOE 282
1. Support and Resistance Mapped: The chart for NSE:LIBERTSHOE prominently displays significant support and resistance levels. Of particular note is the formidable resistance point at around 280, hinting at a potential breakout.
2. Chart Pattern Unveiled: An intriguing ascending triangle pattern has taken shape on the chart. This pattern denotes a phase of consolidation. As it approaches a possible breakout, this development merits close attention.
3. Breakout in the Offing: The stock is teetering on the edge of breaking the 280 resistance barrier. This signals the likelihood of a bullish trajectory.
4. Volume Surge: Recent trading sessions have witnessed a noteworthy increase in trading volume. This suggests heightened interest and activity in the stock.
5. Illuminating Candlestick Patterns: A profusion of substantial bullish candlesticks prevails on the chart. These affirm a positive market sentiment and growing optimism among investors.
6. Targeting the Heights: Should the expected breakout transpire, keep an eye on key price levels at 320, 380, and 440. These levels represent potential milestones for the stock.
7. Fortified Support Zone: A resilient diagonal support line, resting near 230, fortifies the stock's support zone, cushioning it against potential downturns.
📈 NSE:LIBERTSHOE stands at the brink of a compelling opportunity. The convergence of chart patterns, increased volume, and strong support and resistance levels points toward an exciting journey ahead.
#TechnicalAnalysis #StockTrading #Investing 📊📉👞
Liberty Shoes Swing Trade Monthly is moving out of 4 months old consolidation period.
Weekly shows a triangle chart pattern compression BO.
One may consider an immediate swing trade for a target till the supply levels marked, 280 range. Quick 5 to 10% move is seen.
And if the price sustains above 180 then the stock may move to 350.
Happy trading!
Liberty Shoes Approaching All-Time High: Potential Targets, StopLiberty Shoes, a prominent company in the footwear industry, is currently on the verge of reaching an all-time high. Our analysis suggests that the first target level to watch out for is 368, followed by a subsequent target at 502. We have identified a stop-loss level at 315 to manage potential downside risks.
Utilizing the concept of wave time cycles, we anticipate that Liberty Shoes will likely achieve these targets within the next two months. Traders and investors should closely monitor the price action and consider the provided stop-loss level to protect against adverse market movements.
Please note that investing and trading involve inherent risks, and it is crucial to conduct comprehensive research and seek advice from financial professionals before making any trading decisions.
R-0205 BUY LIBERTY SHOE (PIVOT BREAK OUT)BUY LIBERTY SHOW CMP155-156 SL 143 TGT 170/185
TK cross over at 148
MACD cross over
About to break cloud on the upside int he range 160-162
After pivot breakout at 154 nest resistance is 175 where you can book partial profit and if breaks 175 then next TGT >200