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raj_rishav
10 Jul 2020 pukul 14.29

LT - Support line Breach (Minor) 

LARSEN & TOUBRONSE

Huraian

LT saw a long term support line getting breached today after 6 consecutive bearish sessions.
It closed just above the support at 930 and is at a crucial level.

If it breaches 930 (closes below on the 5 minute candle) with NIFTY bearish: Short for 910 with SL at 945.
Take long positions only above 945.
Scalp in between.

The shorting idea won't hold true for gap-down openings - follow ORB in direction of NIFTY.

Komen

LT looking good; Buy if it sustains 945

Komen

945 will complete the cup - there may be a handle or a direct break upwards towards 960,70,80 levels

Komen

Waiting on the hammer highway to give breakout - trade in the direction of breakout;

Komen

On the 5 min chart - its making hammers at 930 - 929 level

Komen

No trades triggered today! Idea valid for tomorrow. I already have long positions on Call options - not booking losses as yet.

Dagangan aktif

Sell triggered at 924

Komen

Target 910; SL 945

Dagangan ditutup: sasaran tercapai

Komen

Short after the initial upswing (if any) for 900 and then 890 with SL at 924; in case of gap-down follow ORB

Komen

Waiting for close below 915

Komen

No trades triggered - looks like a dojo day
Komen
ksen007
well said.. it may retest 975...... 995
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