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chinni36525
Jul 31, 2023 11:51 PM

L& T Short

LARSEN & TOUBRONSE

Description

Great pullback to the bulls. It's time to trade on L & T


Hello everyone ,

Back with idea of being bull in L& T.


Buy @ cmp - 2681

Stop loss - 2624.95


Targets - 1) 2940
2) 3178
3) 3486


Will update the trade whenever the price reaches the above said levels


All the best

Happy Trading

Trade closed: stop reached

I will update you when it goes to Resistance or upward movement to book profits.

Jai Hind

Comment

Get ready to go for next resistance levels and fresh idea will be provided accordingly.

As of now it's consolidation is yet to complete.

Will comeback with fresh levels for buying


Jai Hind

Happy Independence Day to all

Comment

Wow it's about to reach the targets trail the Stoploss

Comment

Here, we can expect the second Target 3178 ahead

Pl reply.

G20 summit gave a good support to the stocks, expecting a continuous rise in the trade

Happy Trading

Comment

Expect second target 3178

Comment

Happy Trading
Comments
AMIT-RAJAN
I think it's a long idea by chance you tagged it in short category anyways idea is good thanks
chinni36525
@AMIT-RAJAN, Thank you
krishnamlk8
3000
chinni36525
@krishnamlk8, will see shortly
gupta.engineers20
SL HIT?
chinni36525
@Gupta.engineers20, yes sir

Stoploss hit. Now we will wait for upward movement and we will go again in this to trade for profits. To avoid the huge losses we exited this trade
gupta.engineers20
Do you think it will go below 2600, if buy back is at 3000. Why not price is shooting up to 3000.
chinni36525
@Gupta.engineers20, once it shoots , we will be unable to catch the trade. Let's hope for a good entry to buy for profits. Will update in time
gupta.engineers20
Today correction was temporary due to global fall, will it bounce back or more downside possible
chinni36525
@Gupta.engineers20, accordingly to my analysis It's movement is not completed yet and relaxing for sometime. For sure it will raise higher and higher shortly.

Will update in TV. Follow my ideas.
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