Bap Bada Ke Beta ????????????????????

Oct 23, 2019

Its funny title isn't it so?

Come to the point..

1- IRB announced its result it is beats all expert expectation and present good result.(Its up by 12% from low today) ( We enjoyed whole 12% in Buying trade)
2- For Your Kind information IRB is sub contractor of LT
3- LT is under performing from last 5 years but due to strong presence in Infra sector its never creaked down in any situations.
4- Now its time to buy because As you know weekly graph is more significance instead of short time preriod.
5-Its trading in upward weekly channel and its breakout is about to 200 rs/- below from here.It is not possible because though Infy has corporate question it correct only 12% than why should LT break Trednline?
6- LT all Momentum and Leading indicator is saying that It is in wait for result. This is LT's consolidation faze and It will be clear above 1450 with gap up or huge volume and Open interest activity.

So I conclude that LT will give one opportunity to buy between 1400-1430 and stoploss is 1390 which 68% Retrenchment of Fibonacci and average as well.

For short term trade buy between 1420-1430 and stop loss 1390 closing base target 1600 Minimum
For Long Term trade nothing to say buy buy buy buy and buy for target 1800 in 6 Month Only

Thanks.

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Oct 26, 2019

Note

same as sunpharma it will perform soon

moreover My target is achieved on buy side