rachanak

LT CAN GO HIGH N HIGHER

Long
NSE:LT   LARSEN & TOUBRO
>tested twice 0.50 retracement level
>rounding pattern formed
>ascending triangle formation
***breaking neckline of all above three can lead to
T1 1105, T2 1160 T3 1223
***keeping STOP 923
disclaimer - for study purpose.
Comment: HIGH DONE 1064
Comment: FEW POINTS AWAY FROM T1 🎈🎈🎈🎈
Trade active: TARGET 1 - 1105 MET
Trade active: target 2 1160 met ✨✨✨✨✨✨✨✨
Trade active: STRONG MOVE TOWARDS OUR 3RD TARGET
Trade closed: target reached: TARGET 3 = FINAL TARGET MET
IF TRADERS STILL HOLDING CAN KEEP STOP @ 1223

Comments

Worth analysing and could make a call for medium term period! Stop loss is a must!
Reply
rachanak MarimuthuSuppaya
@MarimuthuSuppaya, YES agree with what u shared - SL is must - applies to all trades πŸ–πŸ– - so far 30-40 pts up from buy level hence sl now shud b placed a little below cost as its positional long and still to come near T1 level.
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