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sk_4587
Apr 24, 2023 6:34 AM

LT (Larsen & Tubro) Daily candle Triangle Breakout and Retest Long

LARSEN & TOUBRONSE

Description

LT (Larsen & Tubro) Daily candle Price Reading

LT (Larsen & Tubro) Daily candle Price Reading

Again this is a great Triangle Pattern Breakout and Retest of Breakout

as we can see on this chart that Price once

Break the Technical Triangle and goes up and now retest this Triangle

so its a clear technical buy for me

10 % Target upside for 2430

2.5% stop loss 2130

entry is around 2170 to 2190 is a great buying area for this analysis

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2 hours time frame closing above uppar down sloping trendline is a great confirmation for buying

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please let me clear your doubt if any

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2 hours candle close and sustain above trendline so buying confirmation
as today we first introduced this idea @ 2190 and in same intraday it goes up to 2230 so almost 2% profit running

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3 % profit reached out of 10%

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closing in a very healthy position around 60 point profit riding currently and price don't goes down from my original posted level even single rupees or for a single minute

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75 point profit running

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90 point profit running now

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100 point profit

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at today high point we are almost achived 4.5% within 10%

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111 point around 5% profit running without going a single rupees down

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6.5% profit running for now

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138 point

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8% up now within 10%
175 point profit 8% running now

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9.5 % around 205 point profit running for now

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achieved full 10.25% target

Trade closed: target reached

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countinious 2 times back to back achived full target

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new life high

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19% up profit running

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22% up for now

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new life high 23% up

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new life high
25% up now

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30 % profit running

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33% up now

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37% profit now

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50 % target achieved

Trade closed: target reached

Comments
vanathi
Good analysis. Thank you for sharing.
sk_4587
@vanathi thank you very much its very satisfying and encouraging for me
YesvSpeedyStock
Make Chart For CUB
harshad33
really accurate analysis 👍
sk_4587
@harshvardhan_16, oh thanks
sk_4587

achieved full 10.25% wow
vikram2018xy
you are simply a magician thank you again for this wonderful trade
sk_4587
@vikram2018xy, oh thanks my friend for this good words
vikram2018xy
thank you for this kind of simple and most intelligent analysis
sk_4587
@vikram2018xy, Welcome i am glad to know that u like it
but please understand the logic of this chart its again a triangle breakout and with retest
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