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johntradingwick
Jan 29, 2023 12:51 PM

LTTS - Important zones 

L&T TECHNOLOGY SERNSE

Description

Key highlights:

- Approaching the daily demand zone
- We have a weekly demand zone just below the daily demand zone
- Can give a positive reaction if buyers turn up
- 200 weekly EMA is coinciding with the daily demand zone
- HTF structure is bullish
- Weekly supply zone at 4850-5300

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView

Comment

Nearly 27% up from the time I posted this idea. ✅

Here's the new one on daily TF:
Comments
arvindmarvada81
bhai ek bhar chalchuka he demand zone se
RS_V
Thanks, much needed for me now. I studied and want to invest (not trade) it LTTS . Please tell me technically if it is good to enter now or can we see a correction, reason I am asking is if it is weak I can enter at corrections, gives me extra return and confidence.
johntradingwick
@RajaSekharVelisetti, It depends on your time horizon and capital size. A better way to invest is to pyramid your position/enter on dips. No one can pin point the exact top/bottom with certainty.

I hope you get my point.
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