Lux Industries — Falling Channel Reversal Setup (Daily Timeframe

Lux Industries has corrected sharply from the ₹1,800 zone and is now trading inside a falling channel. The stock is approaching a strong historical support area near ₹1,180–1,250, which could act as a demand zone for positional accumulation. 🔹 Accumulation Zone: ₹1,200–1,280 🛑 SL: ₹1,150 🎯 Targets: ✅ ₹1,400 ✅ ₹1,600 ✅ ₹1,800+ 📌 Major breakout confirmation comes above ₹1,600. Why Lux? • Strong consumer brand • Dominant innerwear franchise • Consumption recovery can aid re-rating If support holds,