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Tarun_Kumar98
Jul 7, 2020 11:49 AM

L&T FINANCE Trading Setup Long

NSE:LTF60
L&T FINANCE LTDNSE

Description

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Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Trend AnalysisChart PatternsTechnical IndicatorsltfinanceholdingsL_TFH
Comments
thisiskanisk
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bro why to buy here
this is in an over brought territory

so let it move up as it can
wait for a pull back then make a trend line
and buy after breakout
Tarun_Kumar98
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@thisiskanisk, There is no such thing as over sold or over bought.

We are getting a favorable risk to reward. No problem buying at current market price starting with small quantity. If fall average at 69.50.

Keeping SL at 66.75 and target 80 for positional trade.
thisiskanisk
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@Tarun_Kumar98, okay sir thank
anirudha1977
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@Tarun_Kumar98, how many days will it take to achieve target of Rs 75-80
anirudha1977
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@anirudha1977, can u make analysis of nmdc & cadilla heaith becoz I had purchased this few days ago & then it has shown downtrend
porwalnitin
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U hv ignored inverted hammer and volume... Need to wait and watch..
Tarun_Kumar98
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@porwalnitin, I saw that. :)
jrthomasbiz
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Hi Kumar
Greetings
My request is beyond your regular posting, but have confidence you are knowledgeable. Can you please let me know methodology to list stocks in Demand or Supply zone - Daily or a day before
Guide me if you can.

Thanks - Rajan
Tarun_Kumar98
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@jrthomasbiz, Use Volume Profile and find volume accumulation. Those areas act as Support and Resistance zones.
Also previous support and resistance after they are breached act in the opposite way.

For example, if 10,000 Support level is breached, then it will act as resistance.
consultanilkumarg
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approximate period to reach target ?
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