LT Foods has give a shallow correction after a good upmove with volumes. Now is has broken the the pullback trendline with increased volumes.
Entry: 60 Target: 90 - 100 Stoploss : 48-50
Timeframe: [4months]
Trade active
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Entered at 58 {SL:48]
Comment
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Stock retest on the trendline near level 54.2, Volume on downmove are less suggesting accumulation. Buy on dips toward 48-50 and maintian strict stoploss
Comment
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Comment
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Stock volatility has gone down and it is in narrow range.. Move stoploass to 55.