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LARSEN & TOUBRO LTD.

LT Long at Rs 1305

By praveen.gupta
Updated
LT , LT Long @ Rs. 1305 or Below
Entry 1305 or Below
Target 1399.5
SL 1280
LT has formed Demand zone on 15 minutes and 1 hour demand zone in the price range if 1298 to 1305 , It has broken previous Demand zone and returning back from the lower price , Price has started moving upwards and CMP looks safe to buy and hold for the duration of 10-12 trading days. Technically it is type 2 entry and price is exiting from the Demand zone.
Trade active
Entry Price Hit
Trade active
Stock is in profit currently trading at CMP 1324/ Hold
Trade active
after a long wait script moved upside strongly today closing at 1347/- Remain in trade
Trade closed manually
trade Closed at Rs 1325/ closing price of today.
Multiple Time Frame AnalysisSupply and Demand
praveen.gupta

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