sk_4587

Lt daily head and shoulder at the life top

Kort
sk_4587 Uppdaterad   
NSE:LT   LARSEN & TOUBRO
hello traders

check this latest development on LT chart on daily time frame

its a head and shoulder

short
below 3450

target price 10% from shorting level
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warning : short only if closing below 3450
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stop loss the last shoulder high



Kommentera:
stop loss price closing above 3700
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Disclouser : I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

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any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysis
Kommentera:

around 75 point profit done in just two days
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4 %
around 135 point profit running in just 3 session continious
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6% net profit running around 200 point
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7.5% profit running around 260 point
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at todays low around 8% profit running
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is current scenario is a second opportunity to short
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price closure to our stop loss level, may be stop loss trigger, but incase not than currently risk reward is at there great level for fresh entry
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our stop loss is 3700 on closing basis is still safe
Trade stängt: Stopp nått
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