LTTS TRADE IDEA (SHORT)Breakdown of rising wedge pattern , I will go short below 3700 .
SL will be 3815.
TP1 -- 3500
TP2-- 3370
it's for educational purpose only. Not a financial advice.
Lttsshort
LTTS - An opportunity for swing trading is identifiedWith buying volume being noticeable and selling volume being extremely low and barely noticeable, LTTS is currently trading in a bullish trend. The stock is also trading on daily demand zone, which is seen on lower time frames as well.
For a low risk but high return trade setup, This makes it an ideal opportunity to plan our buying entry at this zone while setting our stop loss below the demand zone for a low risk yet high reward trade setup.
Wave Volume Divergence Indicator utilised primarily for volume analysis.
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LTTS - For SellSell on Pullback near 3650-60 Area
Sl Above 3680
Tgt around 3500
Reason - Trend Line Break at Resistance
Area - Strong Resistance
Zone - High Probablity
