In L&T Finance Holding, Huge amount of Open interest, Volume added and Price gone up by more than 5%.
Along with that there are several chart patterns I observed to take it as long position.
1. Cup and Handle Pattern Breakout
2. Trendline Breakout
Entry @ 79.00 - 80.3
SL @ 72.4
Target @ 90
Along with that there are several chart patterns I observed to take it as long position.
1. Cup and Handle Pattern Breakout
2. Trendline Breakout
Entry @ 79.00 - 80.3
SL @ 72.4
Target @ 90
Trade closed: target reached:
L&T Finance holdings gave nearly 1.3% profit in 1 day..so if you are very short term trader then you can exit. As Monday markets may have an effect of Jackson hole meeting outcome