LT - Looking good for Buy SideLT Looing good for Buy Side. Check the chart marking for more clarification.
LT trade ideas
LT watch Wait for breakout or drop among the levels.
Targets and Supports are on the charts . BUY ON DIPS
LT Sell if broke below trendlineSell if broke below the trendline and use the dotted red lines as tps
L&T- Two Way Plan***SHORT TERM ANALYSIS***
Buy Above 1485 for Target 1525-1530,
Sell below 1435 for Target 1390-1395,
(Buy /sell will trigger only on candle Closing on any of the above mentioned levels)
A positional Breakout Pattern in 'L&T'Keep L&T on your watchlist... I am expecting a breakout between 15th - 17th of March. Again, it's just an educational analysis and if you loose, then it will be your responsibility... Happy Trading:)
Live Challenging Signal Buy LT @ 1396.20Live Challenging Signal Buy LT @ 1396.20
Signal Specification
Pair: LT
Entry Type: Buy
Entry: 1396.20
Entry2: 1376.45
Tp: 1507.75
Sl: 1316.65
R/R: 2.25
Our Unique Features:
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Forex Tamil
TrendLine BreakLT Since the breakout above 917 is trading within the pitchfork trend channel. Stock seen support near the lower trendline and resistance near upper trendline and its moving higher oscillating within the channel.
After the results tried to breakout of the channel but faced resistance near multiyear horizontal resistance near 1590 and fell back within the channel. Last week it broke the lower trendline. After that it did a BO retest and sustaining lower.
Stock is forming a descending triangle chart pattern on daily scale since price rejection around 1590. 1435 remains the major neckline support at present. Once taken out it can revisit 1332 levels.
Stock likely to bounce from the neckline support. Planning to create a positional short trade on rise or even if it breaks 1435 with proper risk management. Cant share the strategies here. But those who are following since sometime can make out basis previous examples.
LT chart analysis for 5TH MAR 2021 [Instructions below]READ THIS: Less than 05% of the analysis has failed so far. I am posting 10 a day. You can check the history.
1. Check the levels and analysis.
2. If you are new, trade in low quantity or trade with virtual currency.
3. Don't trade immediately on a breakout or a breakdown. Let the price retest the level. Then let it give a confirmation candle. Only then trade.
If the conditions are not fulfilled, it is not a breakout. It is a fakeout.
3. If (or when) the stock moves 25% to 50% in our direction, start booking partial profits. This is very important as the stocks, a lot of times, show a reversal.
3. After the day ends, come back and play back the candlesticks , if you haven't traded. Check if the levels hold.
4. Hit that like button and comment if you find the analysis is holding.
most probably breakoutas NIFTY will open gapup tomorrow so will LT .
In 2 days we may see a breakout
L&T Multi time frame + fibo + flag pattern In 2 hour timeframe stock has formed a flag pattern, Currently closed to proper valuation as shown by the valuation band in 1st chart. Also taking support from Demand zone .
In the30mins timeframe it has formed some price pattern and also Supported by 20 daily ema .
The Indicator Used:
PANEL 1:
1) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
2) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
Panel 2:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) Also On Lower Time Frame Charts.
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
LT is trading in a channel, wait for breakout.Go long if breaks 1530 and sustains above it, can go for a swing trade
