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Girish
Oct 3, 2016 9:36 AM
LT
NSE:LT
30
LARSEN & TOUBRO
NSE
Description
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Oct 3, 2016 9:36 AM
A move past 1470 on spot, can trigger a bigger up move on LT. Price hovering around the Thursday afternoon highs.
If there's a selling candle at these levels, it can be a low-risk short too.
LT
Comments
Girish
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Oct 5, 2016 7:34 AM
LT revisited the zones of 1440 and showing signs of a bounce again.
If price crossed of 1470 on spot again, it can turn bullish.
If a selling tail presents itself at 1470, then the short is ON !
Girish
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Oct 4, 2016 4:52 AM
Turns out price didn't hold above that zone of 1470 for too long, even after yesterday's up move.
Below 1450, it's back to being bearish again.
More
If price crossed of 1470 on spot again, it can turn bullish.
If a selling tail presents itself at 1470, then the short is ON !