📊 Lloyds Metals & Energy Ltd – Bullish Breakout with Strong Momentum
The stock has confirmed a breakout from a consolidation pattern, supported by strong buying interest and improving momentum.
🔎 Technical Observations:
• Triangle breakout with strong bullish candle
• Higher highs & higher lows intact
• Price trading above key moving averages
• Volume improving on the breakout
• Momentum indicators turning bullish
🔑 Key Levels:
• Support: ₹1,930 – ₹1,890
• Major Support: ₹1,840 – ₹1,800
• Resistance: ₹2,070 – ₹2,150
🚀 Upside Targets:
• ₹2,150
• ₹2,250
• ₹2,400+
📉 Risk:
A close below ₹1,890 may weaken the current bullish setup.
📈 Trading View:
👉 Breakout indicates fresh accumulation. Sustaining above ₹2,070 can extend the rally towards higher targets.
⚠️ For educational purposes only. Not a buy/sell recommendation.
— AALGO BREATHS 📊