LTTS: Cup Pattern

Jul 1

LTTS- Cup Pattern formation

Entry ~5000-5050 (Candle Close), SL 4775 (Candle Close)

Target 1: 5400-5450

Target 2: 5800-5900

Disclaimer: Study only for Educational Purpose.
Remember: My Money, My Risk, My Reward, My Responsibility.
Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.

Jul 3

Note

Trade On.....

Aug 24

Note

LTTS: achieved 5513 on 22nd August, crossed its 1st target of 5400- 5450.
Those who wants to exit can close the trade, others move your stop loss to 5200 (Buying price was 5000-5050) for target 2 (5800-5900)

Aug 28

Note

LTTS: made a high of 5708 against buy price of @5000-5050, moving towards 2nd target

Aug 30

Trade closed: target reached

Trading Summary for LTTS

- Stock Name: LTTS
- Entry Price: 5000-5050
- Target Price: 5800-5900
- High Achieved: 6000 on 29-Aug-24
- Gain: 20% Calculation:(6000/5000) = 1.2) (or 20% profit)
- Duration: 43 trading days
- Trade Status: Closed
Key Points
- Surpassed the target price of 5800-5900.
- Achieved a significant 20% gain in a relatively short period.
- The trade was executed effectively, demonstrating good timing and market strategy.