Kinnari_Prajapati

We already booked 29 points of profit on this stock.

NSE:L_TFH   L&T FINANCE HOLDIN
The stock has still a weakness. just wait for short up level.
past trade was here:
Trade closed: target reached

Comments

SORRY BUT THIS STOCK HAS CHANGED ITS TREND AND WILL CONTINUE TO CLIMB UP ........
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pi_Karan aryanprasadannonymous
@aryanprasadannonymous weak up trend he, 120-122 working as support area but selling pressure seems to be too high(see last 2days wicks)
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imdbesttrader aryanprasadannonymous
@aryanprasadannonymous,
Agreed. Though there is a tug of war going on between bears and bulls, shorting a stock will be a risky business. Price may drop till 115. However, then expect a reversal. Momentum seems to be in favour of bulls.
+4 Reply
Kinnari_Prajapati aryanprasadannonymous
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imdbesttrader Kinnari_Prajapati
@Kinnari_Prajapati,

Good Analysis Kinnari.
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Can we short this on monday (24th feb)? what will be the best strike price? can you please guide.
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thanks ...in technical alnalysis u used 200 MA?
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@shubham5, yes i use ATR and MA
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Can I enter again for short sell??
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