naraykln

Likhitha Infrastructure H&S negated

Largo
naraykln Actualizado   
NSE:LIKHITHA   LIKHITHA INFRASTRUC LTD
Gas distribution sector breakout. RSI yet to breakout in that sector. And Likhitha is indeed good company with excellent fundamentals. In this bull run, many stocks emerge cup & handle pattern. Many stocks forming H&S bearish pattern but negate it in right shoulder. This one is also like that. Another eg. shriram pistons. Likhitha getting bullish. Stock has long way to go.
Comentarios:
Likhitha infrastructure good Q4. YoY & QoQ double digits. Sales, Profit, Margin and earnings. Will head to 412. Higher low yet to be formed either now or at 315
Comentarios:
Higher low formed at 297 50% fib level. Target 2: 412 reached. 479, 526 subsequent targets.

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