Short LT below 1745 with sl@1764 tgt 1728++
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 !
Just take a very good look at charts, there are just simple lines, nothing complex or as magic. It doesn't mean complex strategies won't work.. both of them have their own pro's n cons, All you need to is completely understand what you are doing n following and sail through with that strategy even in times of downfall. Here we are looking for upside breakout in...
Detailed explanations above :) Keep Supporting & Never Quit Learing , All The Best Buddy's :)
The stock is nicely formed 3 Drive pattern so it may bring halt to the ongoing uptrend. Today's Bearish Engulfing and RSI reading are also confirming the short trade. One can short the stock with appropriate Stop Loss.
LT will give a Long breakout Above 1455 it can go to level Upside level- 1468 Downside safe level- 1442
Lt will give long breakout above 1433 it can go to level Upside level- 1450 Downside safe level- 1421.50
NSE:LT is in a downtrend as you can see. It has given a breakout out of the lines which might just fail. Short positions can be entered with the pink line as stoploss and blue line below as target. Cheers !!
current price - 93 stopl-loss - 91.50 first target - 94.65 My 2nd target is based on daily cypher pattern which is around 98 so my full target is 98 rupees
LT is giving a long breakout above 1371, above 1371 it can go to the level 1382/1391 if do not break the level 1356 on downside.
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...
First ever published idea, Need to wait for a candle close below the Trend line for a minimum H&S price objective of 1226.
with stop 1400 closing basis it is buy. Major event SUUTI sell done
It is been observed that the price action formed a descending triangle on daily chart and today's price action confirmed the breakout to upside as it reached above the highs of the previous day. It shall now move further up 1500, 1520, 1540 levels. Target: 1540 Stoploss: 1450
LT is setting up a nice triangle formation on the daily chart. Price seems to have found support near the 200EMA daily as well. In today's rally, it's made a 3 week high as well. Can it break-out shortly OR will it break down ? Very interestingly poised for the next few days/weeks. I'd prefer a break-out here - color me biased :)
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