Cyber Monday saleUp to 70% OFF
L&T FINANCE LTD
Short

L&T Finance Short - For risk takers

By anuragcoma15
Updated
L_TFH

Described in chart
Trade active
Stock fell as expected and took the support at given trend line. Sell if opens below 203 or goes below 201 on Monday. Target 190 / 185
Trade active
Trade triggered. Keep a SL of 209 and enjoy
Trade active
Displayed strength today but could not breach the stop loss of 209. Continue with the trade
Trade closed: target reached
Book partial or full profit here. Keep in mind Nifty is sensitive at the moment and can give surprises.
Wise to take profit here and exit.
Profit:
201 -> 196.50 = INR 4.5
If you trade in 1 lot then your profit goes 4.5 x 4500 = INR 20250 in 15 days
Trend Lines
anuragcoma15
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.