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FalgunPrajapatiTrading

LT FOOD - DAAWAT Cup and Handle

Long
LT FOODS LTD (NSE:LTFOODS)  
FalgunPrajapatiTrading Updated   
NSE:LTFOODS   LT FOODS LTD
Trend Analysis Chart Patterns Technical Indicators cupandhandlepattern Bullish Patterns Fibonacci Retracement
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trendanalysis chartpattern indicator cupandhandlepattern bullish fibonacciretracement
LTFOODS

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
Comment:
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 %.
Comment:
Target 1 hit at 90.
Keep riding for upper targets
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