Date : 29-Jul-2024
LTP : Rs. 3,774.95
Next Resistances: (1) Rs. 3,919 --> (2) Rs. 4,380
SL : Rs. 3,460 on daily close basis
Technical View:
• NSE:LT is in it's primary uptrend and was recently going through it's secondary downtrend.
• After touching the high of 3,919.90 on 3-Jun-2024, it has retraced 19% to 3,175.05 level.
• On 29-Jul-2024, NSE:LT has...
NSE:LT
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From...
Hi everyone, Larsen & turbo short term swing trade consider buy above: 1,910, targets: 1,980/2,010. stoploss: 1,880.
LOGIC BEHIND TRADE: Stock has bounced from it`s daily support between (1,765-1,735) & formed doubble bottom, recently stock has given breakout of it`s neckline resistance and buying on pull back makes good RR. (Targets identified from harmonic...
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a hammer at the uptrend channel support. Moreover, relative strength is greater than Nifty index. RSI above 50 indicates bullish momentum as well.
SL: 1700
