Well this stock has been in a trading range for past three weeks, finally broke on the downside today on a daily closing basis. looking to short on any pullback towards 1700 for a target of 1660 with a stoploss above 1728. A word of caution...this stock is in a long term uptrend & results expected on 28th of may....trade with proper risk management.
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...
Hi All ,
Everything on chart .
No Naked Futures or call :
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...
The stock is heading Higher high and making Higher low , what is interesting is strong investors sentiments after reaching quite good high , in my opinion the stock will face Larger amount of resistance at 1742 but till then keep riding , I'm looking to enter after a small retrace Near 1670 only when stock turns around to upward with stop of 1645 for Target of...
I know many have made the predictions of L & T will reach 2000 or Near , but its not so easy to reach the targets
my experience says the stock will retreat to some extent , May be up to 1640 or 1617
then it may rebound ,
I'm looking to invest on short term holding if stock retreat little , if it heads up ward then I may not be riding this bull trend , because...
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.
We are looking at a huge breakout in Nifty Tomorrow as shown by SGX Nifty.
Now I am hoping we will get a breakout on LT as well.
And if LT sustains above 1510 for couple of days then we can look to get the targets of 1600/1650.
As of now am Neutral.
L&T at Rs 1493 is a splendid large-cap well underpriced.
Scrip has bottomed out and crossed all EMAs and resting with consolidation on 20D EMA.
All other EMAs have crossed favourably and are in order.
Volumes are good and indicative of a bullish rise soon.
Company's order book position and profit margins have improved.
It is one of the very few infra-structure...