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Shortlt

EXPECTING DOWNSIDE BREAKOUT IN LT SOON ? GO SHORT ?LT IS CURRENTLY TRADING IN ITS VERY CRUCIAL SUPPORT AREA. MOST OF THE PEOPLE BELIVES IT WILL REVERT FROM THIS SUPPORT AND THERFORE ONE SHOULD GO LONG. BUT AS PER MY VIEW IF STOCK IS HOVERING AT A PARTICULAR PRICE IN THIS PARTICULAR CASE AROUND 895-905 THEN IT'S SURE THAT SOMETHING IS COOKING AND WE SHOULD BE CAUTIOUS. (MIGHT BE PEOPLE WERE RIGHT ABOVE GOING LONG) BUT I AM PREDICTING THAT LT WILL SOON BREAK THIS SUPPORT AS SMART MONEY IS MOVING OUT OF THE STOCK ANS ITS LOSING ITS CHARM UNTIL NOW ATLEAST FOR ME :) KEEPING IN THIS MIND ENTER SHORT IN LT IF MOVES BELOW 895 KEEPING SL AOROUND 920 AND TARGEST OF 20-40-80-160+ POINTS FROM HERE.
NSE:LTShort
by Akashyadav92
Updated
Larsen & Toubro : So will this work ?!Trendlines and resistance are the simple tools we have used here in LT and if we get valid bearish confirmation in the zone enter shorts in LT with proper stops, if the price crosses above resistance zone, trade is invalid, No trades. Happy Trading !
NSE:LTShort
by InsiderB
11

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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