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raj_rishav
Jun 30, 2020 3:11 AM

LT - Positional Trades 

LARSEN & TOUBRONSE

Description

Buy above 940 for Targets of 950 n beyond
Sell below 930 for Targets of 920 n beyond

Comment

In case of Gap down - look for long; In case of gap up: look for Short trades following ORB strategy

Trade active

Short at 950 for Target 940

Trade closed manually

Closed at 942; NIFTY looking to bounce from support

Trade closed: target reached

Trade active

Sell Triggered at 930

Trade active

T1 Reached; Trailing SL at 920 now for T2: 915

Trade closed: target reached

Closed trade at 920

Comment

Stock expected to bounce from the trend line support. if a breach happens, will re-enter for short trades. On close below 905 on 5 minute chart - short for 900 and 890
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