TradingView
Harshil_g
Sep 16, 2020 3:12 PM

LT Bullish Bias Long

LARSEN & TOUBRONSE

Description

Bullish Bias and RSI giving signal on Daily TF
Can be bought at CMP
Target 1 940
Target 2 960
Target 3 980
Stop Loss 899

Comment

Revised Stop Loss 870 Levels
Comments
CHDVIKAS
I am expecting LT to hit 840-845
Harshil_g
@CHDVIKAS, Might be possible, but it bounced from 874 levels.
But global sentiments are different lets see.
CHDVIKAS
@CHDVIKAS,

Lt 848 now , near my target of 840
Harshil_g
@CHDVIKAS, Yes the entire sentiment has gone for a toss !!
CHDVIKAS
960/980 Target for September/ October
Harshil_g
@CHDVIKAS, Probably by October should come if everything goes as planned
Thunder918
Correction... below the MBB
Thunder918
Agreed... but i have a reservation... on the weekly time frame HA... the high is above bollinger middle band.... plus ... this stock is more like itc 🤪... hilta hi nai hai !
Harshil_g
@Thunder918, Look from that angle less volatile lower chances of your SL getting hit. Lower Beta has its own advantages might work in your favor.
ITC is slow moving and will be like that only its for Longest possible holding term with good dividend yield
More