L&T POSSIBILITY OF MAKING A NEW HIGH TGT IS AS PER THE FIB
After setting new high the stock is going swing down to 700 level zone.
L&T bullish Crossover on Daily & weekly charts strong volume today buy CMP 1172 Strong support @ 1100 Target 1260 above that logical target 1750 in next 6 - 9 Month
L&T bullish Crossover on Daily & weekly charts strong volume today buy CMP 1172 Strong support @ 1100 Target 1260 above that logical target 1750 in next 6 - 9 Month
DAILY FINANCIAL WISDOM: Amateur traders focus on rewards. Professional traders focus on risk..
DAILY FINANCIAL WISDOM: The most consistent strategy you'll ever trade is the one that makes you feel the most comfortable...
L&T futures today formed a bearish outside bar as the price rejected at its 52 week high. It is a strong trend reversal setup. Monitor for the resistance build up around 1818 zone. Short Term is expected to be filled with bearish.
In this article I'm doing Elliott Wave Analysis of LT . As per the posted chart LT seems to have started the Wave 3 and currently seems to be have completed the lower degree Waves 1 and 2 , simply speaking we should be seeing a 3rd of the 3rd real soon if this analysis is correct. Currently 2 trading strategies can be employed : 1. Traders can buy on dips in...
DAILY FINANCIAL WISDOM: The search for the perfect trading system is one of the key sources of losing money...
Buy LT near 1454 with stop loss at 1420-1421 and target at 1515 with reward to risk ratio 2:1.
ENTRY POINT 14161 TGT 1484,1509 SL 1442.05