LOTCHEM Short term anaysis 20th Nov. 2023

Buy above 27.30 with strict stop loss of 26.50 and profit target at 30 with extension towards 31.80.
Tech Note LOTCHEM is being capped by a resistant trend line on daily and weekly charts but being in expansion mode its last bullish correction it's expected that it would succeed in giving a breakout above this line and would try to target expansion levels of last correction.