trade_opportunities

LT: Falling wedge breakout

Long
NSE:LT   LARSEN & TOUBRO
All levels are mentioned on the chart.

DISC: For educational purposes only.
Comment: Target 1 is achieved. Book 50 % here and rest trail SL to 1350 Levels
Comment: Target 2 also reached. Booking 30% here and rest now trailed to T1 level.
Trade closed: target reached: Booked complete at Trail SL of T1

Comments

accurate
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Can we consider low 1319 today as Retest on the falling wedge?
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Quite possible...Cheers
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@apka, Let's see. if market remains negative more next 1-2 weeks then it would be difficult else yes this stock has all potential to go 2k Levels also.
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Perfect
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@sahoobd, Thanks though setup might fail because of negative sentiments.
+1 Reply