EXPECTING DOWNSIDE BREAKOUT IN LT SOON ? GO SHORT ?
Updated
LT IS CURRENTLY TRADING IN ITS VERY CRUCIAL SUPPORT AREA.
MOST OF THE PEOPLE BELIVES IT WILL REVERT FROM THIS SUPPORT AND THERFORE ONE SHOULD GO LONG.
BUT AS PER MY VIEW IF STOCK IS HOVERING AT A PARTICULAR PRICE IN THIS PARTICULAR CASE AROUND 895-905 THEN IT'S SURE THAT SOMETHING IS COOKING AND WE SHOULD BE CAUTIOUS. (MIGHT BE PEOPLE WERE RIGHT ABOVE GOING LONG)
BUT I AM PREDICTING THAT LT WILL SOON BREAK THIS SUPPORT AS SMART MONEY IS MOVING OUT OF THE STOCK ANS ITS LOSING ITS CHARM UNTIL NOW ATLEAST FOR ME :)
KEEPING IN THIS MIND ENTER SHORT IN LT IF MOVES BELOW 895 KEEPING SL AOROUND 920 AND TARGEST OF 20-40-80-160+ POINTS FROM HERE.
MOST OF THE PEOPLE BELIVES IT WILL REVERT FROM THIS SUPPORT AND THERFORE ONE SHOULD GO LONG.
BUT AS PER MY VIEW IF STOCK IS HOVERING AT A PARTICULAR PRICE IN THIS PARTICULAR CASE AROUND 895-905 THEN IT'S SURE THAT SOMETHING IS COOKING AND WE SHOULD BE CAUTIOUS. (MIGHT BE PEOPLE WERE RIGHT ABOVE GOING LONG)
BUT I AM PREDICTING THAT LT WILL SOON BREAK THIS SUPPORT AS SMART MONEY IS MOVING OUT OF THE STOCK ANS ITS LOSING ITS CHARM UNTIL NOW ATLEAST FOR ME :)
KEEPING IN THIS MIND ENTER SHORT IN LT IF MOVES BELOW 895 KEEPING SL AOROUND 920 AND TARGEST OF 20-40-80-160+ POINTS FROM HERE.
Trade active
20pts Target reached, from 895 to 875.Trade active
30pt done, 895 to 865Trade active
37 pts Done, 895 to 858Note
2nd Target also done on 22.09.2020, from 895 to 852 - 43pts.Note
50pts done today, 895 to 845, trail from here.
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