LUCK Lucky Cement Short term Analysis 7th Apr. 2021
Further Advance
Illustration by CapitalMarkets
Rebound Insight
Our Pivot: 818
Our Preference: Start buying LUCK on penetration above 829 with strict stop loss of 818 and profit target at 847 with extension towards 855.
Alternate Scenario: Downward penetration of 818 will call for 807 and 800.
NOTE: LUCK is ready for a bullish breakout of its descending wedge so it's recommended to wait for breakout and then buy.
Chart with supports & resistances:
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