MIDCAP IT - LTTS on Fibonacci
Updated
1st Short idea of this week, and its a MIDCAP IT Stock.. Strange🤞🏻!!
MIDCAP IT was firing last week but now LTTS showing some weakness at 61.8% Fibonacci levels.. indicates some profit booking for short term..
It is a risky trade as per current trend.. So, we may play it with a strict stoploss at 5401.15 (recent high)..
and if it favors then we might get our target a short time..
Levels in chart...
MIDCAP IT was firing last week but now LTTS showing some weakness at 61.8% Fibonacci levels.. indicates some profit booking for short term..
It is a risky trade as per current trend.. So, we may play it with a strict stoploss at 5401.15 (recent high)..
and if it favors then we might get our target a short time..
Levels in chart...
Trade closed: stop reached
Stoploss triggered..
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