prashanttejura
Long

Penny stock| Buy @ Rs 2.1 | Strict SL 1.8 | Tgt 4 to 7.3

NSE:LITL   None
555 views
7
555 4
Showing RSI bullish divergence , previously took support at RSI TL & bounced !
Treat it as option trade ..Above 4 it can do 7.3
Jun 18
Trade active: Buy triggered @ 2.1 , Pls keep tiny SL as mentioned on the chart
Jun 19
Trade closed: stop reached: gone :(

Comments

Good analysis. However, fundamentals are too bad and for penny stocks, tech analysis is almost irrelevant as per my experience. Its in the RBI's radar for NPA issues. Let me know your views on this please.
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prashanttejura SwingMaster
@SwingMaster, Fundamental issues are already built into cmp !
On side note, please see this
https://twitter.com/prashanttejura/status/874455161506209792
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SwingMaster prashanttejura
@prashanttejura, thanks, lets see how it unfolds :)
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prashanttejura SwingMaster
@SwingMaster, u were right man !
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