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trade_opportunities
Apr 27, 2021 1:45 PM

LT: Falling wedge breakout Long

LARSEN & TOUBRONSE

Description

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
mmohit181
accurate
prasadnitte
Can we consider low 1319 today as Retest on the falling wedge?
apka
Quite possible...Cheers
trade_opportunities
@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.
sahoobd
Perfect
trade_opportunities
@sahoobd, Thanks though setup might fail because of negative sentiments.
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