LT - LONG TARGET - 1380 Long

LARSEN & TOUBRONSE

Description

⋅ Jul 26, 2018 3:56 AM

LT has crossed the support zone with a strong move followed by Volume and Rise in OI.

Next stop is 1375-1380 as it is sustaining above the previous resistance of 1330 - 1338.

Trade active

⋅ Jul 31, 2018 5:53 AM

Perfect Entry with a Closing Below 1280 as SL. It is getting ready for the next Rally with Nifty.

Keep Stop Loss Tight as Nifty is still doing a small retracement after such an hefty Run

Support and Resistance

Comments

shrinivasraj

⋅ Jul 26, 2018 12:17 PM

pls suggest holding time period

PawanThakur

⋅ Jul 27, 2018 5:28 AM

@shrinivasraj, The green support zone must be respected for it to go up and you can see how it turned from there a closing below that would be an exit.

shrinivasraj

⋅ Jul 26, 2018 12:16 PM

i bought arnd 1325