SHORT @ 3060 stop loss: 3075 target : 3032 NOT A SEBI REGISTERED ADVISOR , its for educational purpose only
Expecting to hit 2500 levels soon. Breakout confirmed and sustained
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
Biggest infrastructure company in the country. Decent dividend yield. Plenty of status quo projects because of covid to be expedited before 2024 elections. Huge cash in books to be utilized for future growth, organic and inorganic. No debt, honest management A classic pattern for a quick margin trade with upside for 2200 next 3 quarters.
LT - Larsen & Toubro - On the move after weekly Breakout above 1586. Inverse Head & Shoulder pattern BO seen. May proceed towards next target of 1870 and pattern target of 2500 in medium term.
L&T supply & demand zone marked. follow this enjoy the profits.
PLEASE buy LT above 1182.50 looks very good for delivery also and intraday
this is one of the most confusing zone for trader it can easily bounce above the trend line so it can be trap . don't short at the trend you can wait for retest of this zone and if rejected again than you can short the retest. for long we can not long the price above trend line ,we have horizontal resistance above and this is good confirmation for long
L&T - GO LONG @ 788 WITH A SL OF 751 AND A TARGET OF 918. TARGET SHOULD BE ACHIEVED BY 2ND JUNE 2020
Larsen & Turbo As you can see it can't break there resistance level at 830 and seen its fake break, now trading below their resistance level, You can short below Previous Candle Closing, Easy target 800: 785: 770, Sl Is closing high of the previous Candle at 850. Thanks
LT - GO LONG @ CMP WITH A SL OF 787 AND A TARGET OF 817
LT - GO SHORT @ CMP WITH A SL OF 988 AND A TARGET OF 763. TARGET SHOULD BE ACHIEVED BY 21 APRIL 2020.
ONE MORE FLAG AND POLE PATTERN
due to reliance fomo it came down for support and if monday market makes movement and send this stock above 1340 than it will be a good recovery of this stock Head and Shoulder : it can go higher from this point if close above 1340 weekly trend line is there to push the upward button
Actually I noted this pattern when I came across a ping in my private messages..else I might have skipped this. Here we have a bearish shark pattern ( I usually don't prefer sharks, bcos they are as dangerous as their name :) ). Its completion zone for LT is exactly in resistance zone, based on valid reversal confirmation I will initiate short positions here. If...