L&T Finance - Momentum Trade Long

NSE:LTF1D

L&T FINANCE LTDNSE

Description

⋅ Jul 10, 2023 2:10 PM

Entry above 133.2
Target: 153-160
SL: weakness below 130

Setup: Momentum Setup
EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200.
CNX Finance Index in clear Up trend.
Price taking support at EMA 10 and moving up.

Trade active

⋅ Jul 11, 2023 5:39 AM

Entyr triggered.

Trade closed manually

⋅ Jul 13, 2023 2:25 PM

Trade closed as there is no follow through.

Comments

MarketSage35

⋅ Jul 13, 2023 6:05 PM

which indicator is this?

viswanathreddykurla

⋅ Jul 13, 2023 6:08 PM

@Xfactor88 This is the customised indicator I have created using ChatGPT. The criteria is price retracing to ema10 and again moving up in an already up trend.

MarketSage35

⋅ Jul 13, 2023 6:50 PM

awesome

MarketSage35

⋅ Jul 13, 2023 6:52 PM

your view on infy for tomorrow?

viswanathreddykurla

⋅ Jul 14, 2023 4:08 AM

@Xfactor88 usually I don't trade in large cap.. I prefer mid and small cap which give good price movement.

sangramrajekakade

⋅ Jul 12, 2023 9:24 AM

Triggered

viswanathreddykurla

⋅ Jul 12, 2023 9:29 AM

@sangramrajekakade entry triggered yesterday itself.

sangramrajekakade

⋅ Jul 13, 2023 4:51 AM

@viswanathreddykurla, yes Thanks