It is been observed that the price action indicating weakness due to the formation of two consective bearish candlesticks at the prior resistance levels. It is also indicating price rejection at higher levels. Target 1: 1700 Target 2: 1680 Stoploss: 1760
Fine, though its just basically by trendline break in LT, we should look for risk-reward. Bcos, a decent risk-reward is must even for mediocre tradeplan. Trendline break & entry of shorts in LT can sound mediocre, but the decent risk-reward is icing on cake. Check with your trade plan & enter only if it suits you !
Hi All , Everything on chart . No Naked Futures or call : Strategy : Buy Futures and 1720 puts , Buy 1740 call and sell 1780 call (my choice) Buy 1720 call (3 lots) and buy 1720 put(1 lot) (put /call ratio your choice , keep it tilted on call side) Lets Engineer Money . Note : Consult your financial risk adviser ,Risk of capital loss, paper trade or...
Channel down formation on LT at 30mins chart. Indicators are not giving signal for bull. Trade may active on tomorrow or today (16/11/2016) itself. May be LT move over sideways until indicators giving bull signal. so keep focus and add in watchlist for next day. Trade Idea: Buy above - 1380 Target 1 - 1395 Target 2 - 1408 Stop Loss - 1366 Target 1 points...
in.tradingview.com L&T is forming a triangle shape in 60 mins chart and it may take few days or a week to complete the triangle. Note: I am advising to make this stock in watch-list
LT one of my favorite scrips, whether its intraday or positional this scrip performs really well (just my opinion,can be different exp for you ). Those who follow me for a while ( 6 months or so ) might be knowing about the Investment analysis we did on LT. We got it somewhere around 1100's I guess, now LT @ 1500's. Great Returns. Flashback over, back to...
Hi Friends, We have cypher pattern (potential) in LT and the C to D leg is channeling right now. Even in the channeling we have 2 types - outerchannel (white) on current timeframe n innerchannel (red&whitelines which is 5min Intraday). So trade it as normal breakout trade but decide whether it's gonna be 15min or 5min check ur risks before entering the trade....
After consolidating for two days on a range, today it breaks out from the same range and now targeting to next support levels at around 1460. Good time to short with Stoploss of 1515