LUCK Lucky Cement Short term Analysis 20th Jul. 2020

Further Advance

Our Pivot: 516.45

Our Preference: Start buying LUCK above 523.50 and average it out till 521 with strict stop loss of 516.45 and profit target at 534.50 and 545.

Alternate Scenario: Downward penetration of 516.45 will call for 511 and 503.

NOTE: LUCK is being supported by a rising trend line on hourly chart after breakout its triangle in bullish direction.

Hourly Chart with Supports & Resistances: