Lloyds Engineering One can keep an eye on this script, not a buy sell recommendation.. This is education purpose only study
LLOYDSENGG trade ideas
LLoyds Engg Works : Buy Signal triggered LLoyds Engg Works : Buy Signal triggered
Nice Green Candle.
MACD looks strong
Watch out of the nearby resistances @ 84 & @ 95 .
Little bit of a pull back is clearly visible around the closing time which could be treated as a resistance level 1 .
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
Bullish Symmetrical Triangle & Hidden Bullish Divergence #LLOYDSENGGWORKS
This script has formed a bullish symmetrical triangle and shows hidden bullish divergence.
If the breakout sustains above the resistance trendline one can make an entry and trade the below-mentioned setup.
Entry: 66
Stoploss: 62
Short Term Targets: 68 / 73 / 78
LLOYDS ENGG for LongLLOYDS looking bullish on M,W,D time frame with good volume buildup. Stock has declared positive results for the last 10 consecutive quarters. Entry at current level looks good for long term holding.
Note: Please consult your financial advisor before making any investments. This idea is only for educational purpose.
LLOYDS ENGG WORKLloyds Steels Industries is primarily engaged in the design, Manufacturing, and Commissioning of heavy equipment, machinery & systems for the HydroCarbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers, and Turnkey Projects.
Stock P/E 114 is high. Earnings are increasing.
EBIDT growth 3Years 121 %
EPS growth 3Years 142 %
