L&TFHNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
L_TFH
L_TFH AnalysisThere is two pattern. Symmetrical triangle and descending triangle.
Clearly we can see symmetrical triangle breakdown happened now price is ready to test descending triangle support zone.
When Breakdown happened Volume was very much high prom previous days and weeks means stock is week and ready to go more downside.
L_TFin LONGWatch-out for stock to break weekly resistance trendline and can long above 101.1 for short term target 122-132 levels and long term target of 145 that is 100% fib level extension and also 3rd impulse wave.
Volume in weekly chart can be seen increasing and accumulation period is over almost. Time to ride the stock.
Value investor and swing traders can long at cmp with 87.65 SL or 84 as per your risk and go long for 108-110 in coming 1-2 months.
L&T Finance Holdings - Positional view | Potential 100% gainKey Highlights:
1. Bullish market structure - HH, HL
2. Volume expansion
3. Forming descending broadening wedge
4. Approaching major resistance zone 99-108
5. Close above 108 will trigger a rally to 150+
7. Target: 123, 146, 174, 198. Stop Loss: 82
8. Time frame: 9-12 months
I have made an illustration on the left-hand side, to explain the descending broadening wedge pattern.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
L_TFH - triangle break started - Retest?Price forms a falling wedge and breaks the same as discussed early, the movement was not good for this pattern but now the same chart is showing the triangle pattern and already the break was on. Only thing we need to confirm is whether it will come to retest the breakout level or not?
L&TFHNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading.
L_TFH | Trendline Break & channel Pattern 🎯⭕ positional Trading opportunity ! Weekly Chart Alert !!!⭕
--Buy Above =98.65 or CMP
--Target = 132 | 165 | 185
--Stop-loss = 64
--R:R =2.57
--lot size =8924
--Expected Profit = 88 %
--Expected Holding = 6-12 months only
#ThankU For Checking Out Our Content , We Hope U Liked It 🎈
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DISCLAIMER Alert :-
❌ All Post are for Educational Purpose Only.
❌ Analyze your own before Considering mine.
❌ Know your RISK & HOLDING capacity.
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L_TFH | Breakout & retracement id Done | 30% 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕
--Buy above =83.65 or CMP
--Target = 109.70
--Stop-loss =70.30
--Lot Size = 6800
--R:R = 1.95
--Expected Profit = 1,76,800 ₹ per lot ( 31% )
--Expected Holding = 2-3 months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) trendline & Range break & resistance break with volume
2) Target is based on next resistance zone
3) breakout & retracement is already done ...perfect time to buy
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