dhirendrashukla88
Long

LT MADE HAMMER CANDLE IN WEEKLY CHART, READY TO FIRE NIFTY

NSE:LT   LARSEN & TOUBRO
LARSEN AND TOUBRO MADE HAMMER CANDLE IN WEEKLY CHART, RSI = 35 ( DAILY TIME FRAME ) A HAMMER OCCURS AFTER A SECURITY HAS BEEN DECLINING, SUGGESTING THE STOCK IS ATTEMPTING TO DETERMINE A BOTTOM, I THINK IT WILL TEST 21 EMA= 1286 IN THIS WEEK, POSITIONAL VIEW IT WILL TEST 200EMA SOON = 1327

FAST TARGET = 1286 ( FOR UPCOMING WEEK 18FEB - 22 FEB )
SECOND TARGET = 1327 ( POSITIONAL VIEW FOR THREE WEEK 15 TO 18 TRADING SESSASION)

Feb 20
Comment: LARSEN AND TOUBRO FAST TARGET ACHEVE TEST 21 EMA =1279 IN DAILY CHART MADE HIGH = 1282.65
Mar 05
Comment: LARSAN SECOND TARGET ACHIEVE MAKE TODAY HIGH 1327.55 = 1243-1327= 84 JUST 10 TRADING SEASSION 1 LOT PROFIT = 84*375 = 31500
Mar 16
Comment: MADE HIGH 1410
LARSAN SECOND TARGET ACHIEVE MAKE TODAY HIGH 1327.55 = 1243-1327= 84 JUST 10 TRADING SEASSION 1 LOT PROFIT = 84*375 = 31500
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