Laxmi chemical is at multiple support. Here's the technical analysis for Laxmi chemical. If it breach either side of the trend line, we should adjust our trading strategy accordingly.
Another chemical stock from cash segment, which gave massive return after ipo launch abt 335% ..from low 143.15 to 623.70...breakout of ascending trendline can give target of 450 and 720 ...
only for educational purpose CMP265 upside 300/350/450+++ trading near Support trendline risky
Laxmi Organic Industries Limited was established in 1989 and is in the business of specialty chemicals. The Company primarily manufactures Ethyl Acetate, Acetic Acid and Diketene Derivative Products (DDP). DDP is a specialty chemical group, the technology and business of which has been acquired by the company from Clariant Chemicals India Limited.
LXCHEM - Breakout of the resistance and retested the breakout today. I am looking to swing long in the stock for the upcoming months. Targets and SL are mentioned in the charts.
1.50 moving average upside & Retest 2. Huge Volume increase 3. RSI 60+ Target - 367 SL- 250 These are swing idea's which you can add your watchlist and analysis for yourself. Keep on radar. Potential upside stock! This content for only education purpose! I am not SEBI Register.
Laxmi Organic Industries looks good on chart, near 274-280, safe can enter above 280.
- Sector headwinds causing problems - Targets given in the chart - SL 243 Significant investments in Dahej and Lote facilities for future growth and profitability. Opportunities in the export market, particularly in the Specialties vertical. Well-positioned in the fluorine intermediates space with differentiated technologies. Fundamentals Market...
Breakout in laxmi organic , can cross 300 tomorrow, but stock is overvalued, currently trading at a PE of 71, market cap 6995cr, ROE 10.13%
=> Harmonics bat pattern in weekly timeframe => After a consolidation breakout happen..First target 0.382 fib level, second target 0.5 level
Laxmi Organic Industries Limited was established in 1989 and is in the business of specialty chemicals. The Company primarily manufactures Ethyl Acetate, Acetic Acid and Diketene Derivative Products (DDP). DDP is a specialty chemical group, the technology and business of which has been acquired by the company from Clariant Chemicals India Limited. The company’s...
NSE:LXCHEM presently trading near supply zone after made multi-month trendline BO. Closing above supply zone will rally further and as well as change of trend will happen. Disclaimer - This chart analysis is only for educational purpose. Do proper research before trade/investment or consult with your financial advisor. This expressed opinion/view/analysis isn't...
#Laxmi Org Harmonic Target -468 SL-286 CMP:302 @23 November 2022
Laxmi Organic Industries Limited was established in 1989 and is in the business of specialty chemicals. The Company primarily manufactures Ethyl Acetate, Acetic Acid and Diketene Derivative Products (DDP) Company has delivered good profit growth of 29.0% CAGR over last 5 years ; Price to book value 6.88 ; Debt to equity ratio 0.11 Looking good in charts (...
Buy LXCHEM @/above 302 Intraday/Short term Target 324 Stop Loss 298 Profit approx. 7% Medium term Target 386 Stop Loss 291/below Profit approx. 27%
LXCHEM seems like it's done A - B - C correction of wave 4. It can launch to 5th wave now. - Definitely not SEBI - Registered. So, this is only for educational purpose.
Currently at buy Zone 444 SUP is at 435/416/393 Ascending triangle pattern Target of 500/600/650