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LT Foods Limited
Long
Updated

LT FOOD - DAAWAT Cup and Handle

378
DAAWAT

LT FOOD - DAAWAT

Pattern : Cup and Handle

View : Long term Bullish

Retracement Support @ 50 %

Buy at 69.40

Recommended stop loss : 66.50

Ideal Stop loss 58
Note
Long term buy update

Retracement observed toward support of 62.50 on 21 Feb candle.

Respected our support level of 61.50 - 62.50 where buy entry trigger.

Detail levels drawn in the chart indicates Buying zone of 61.50 - 62.50

Easy target hit from 61.50 to 76.

At 69.40 reentry crieteria also met so one can add more quantity at this level with stop loss not more than 4 %.
Note
Target 1 hit at 90.
Keep riding for upper targets
FalgunPrajapatiTrading
Also on:
Bullish PatternsChart PatternscupandhandlepatternFibonacci RetracementTechnical IndicatorsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bullish PatternsChart PatternscupandhandlepatternFibonacci RetracementTechnical IndicatorsTrend Analysis
FalgunPrajapatiTrading
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.