LT Short term swing trade for 10%-15% return As we can see in the chart LT has broken its resistance on the upper side and has given a nice breakout with good volume. After that, it has retested his support zone and is now ready to go upside. One can add some quantity with a small stop loss with today's low as a stop loss. One can get good RR here.
LTOUF trade ideas
l & T might turnaround this one also range bound L & T has already corrected we see an doji forming at support which indicates from here on it may be +ve
can buy at current price and sell at resistance
and further i am expecting infra sector to perform well so as i know good infra company is l & t
range bound stocks are good for swing trades or short term trades must use daily + 15 min time frame combined
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
positional & Intraday Trade: breakout and pullback done.buy above 1650 for positional and Intraday
for positional keep stoploss below 1550
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.