Intraday / Swing Setup: Looks good above 67 for the target of 73Intraday / Swing Setup: Looks good above 67 for the target of 73/80+. This is moving in very decent ascending triangle patter with good HHLL. SL would be 65. Wait for confirmation on 15 mins and first 3 sessions of 15 mins before taking trade.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
L_TFH
Go long L_TFH expect 3-4 rs per shareGo long L_TFH expect 3-4 rs per share if market supports could give big momentum. It is in uptrend could give satisfying results
Additional conformation inside candle pattern in 30 min candle time frame :
Trade with your own risk
Sl at 63.60 which is todays support
Target when macd indication shows to sell watch only 30 min candle
l&tfh Long , Trend trading strategyAs from the previous Strategy buying at 56 price and selling at 62 sell made a good profit .From past two days it has doing sideways market in the range from 60-62 now the it has breaked
Now let's make a strategy for Long
1) ema is also getting +ve which indicates bullish
2)vwap also showing bullish
3) Macd indicator showing buy signal
If market is bullish also then the probability also increases for big move to 70 . I have bought 1000 shares at 62 hoping it would attain target.
Warning : if macd indicator shows sell signal in 30 min candle then exit the market Don't sit on loss-making stock
Hope this hatrick Strategy works perfectly !!!!! . Happy trading !!!
L&T Finance trade setup - Megaphone and Range breakout trade L_TFH is on a verge of making a big move in either direction.
The range of 132.5 and 127.50 is going to be crucial.
In short take position in the direction of breakout/breakdown!
Buy L_TFH above 132.50 with SL of 127
Short L_TFH below 127.50 with SL of 132.50
Trade-in two-step having great risk vs reward ratio, L_TFH
Expected tail.
Falling is always normally 40 minimum while U-turn.
This might an excess.
The price is currently out of the channel.
Observation:
The tail is a clear sign found while U-turn which is your trade confirmation odd.
Due to the falling wave , we are seeing normally 40 points .
Short 129-133 is the great range because the price is out of the channel.
A negative point for short-seller: Suppose to create an excess, then maximum price move 136 as per previous an excess.
Trade-in two-step having great risk vs reward ratio:
1) trade, Sell at 129
1) next trade should be, Sell at 133
Both trades have the same target as the first 112-109 and the next target is 103.
Best of luck.
Will update daily and 30 minutes chart shortly.