LS_TB trade ideas
L&T - Ascending Triangle pattern in making (Short term swing)This analysis is purely based on price action and chart pattern.
This is for short term swing/positional trading. Trade may take few days to a couple of weeks to reach its final target.
Trade strategies are shared in image itself
SL to be trailed according once entered in trade.
*Take trade on your own risk & money management*
Feel free to comment for any query or suggestion.
LT (Nifty50) - Elliott wave analysis LT - It is within ABC zigzag move and under-performing the Nifty. the 5th wave of C is expecting go for one more high. Overall it is in bearish corrective cycle. so sell on bounce will be good set up, but need more price confirmation before taking the trade.
Give thumbs up if you really like the trade idea.
LT (Finally time to Shine or is there more pain left ?)LT has formed a good consolidation pattern in an hourly/daily time frame. The stock has been under pressure for a while now due to the pandemic woes hitting its operations for over half a year now.
The stock was consistently forming a lower low and lower highs for the last few weeks, however in the previous 2-3 weeks the stock has formed a higher low as marked by the green arrows and is not at a juncture from where it has the potential to form a higher high confirming a bullish bias.
920 is a crucial zone to breach post which a new bull trend should resume.
We can even see that there is a possibility of a golden crossover in the EMA's (9 EMA (GreenLine) crossing the 200 EMA (Red Line) from below) indicating bullish optimism. Any breach of the Triangle should give a good momentum move either way.
Results season is starting from tomorrow and that might play a role nullifying the Technical Impact so trade with caution.
LT (NSE) - Elliott wave analysis Welcome guys,
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LT (NSE) - It dropped within zigzag move down and correcting higher in ABC, where B is in progress, wait for it to be finished go get one more leg higher as C wave. Until then price is expected to choppy to slight bearish.
Give thumbs up if you really like the trade idea.
LT Daily Morning Star at Trendline Support, Go LongLT on daily chart, making a Morning star pattern near trend line support, Go long at 869. Put strict Stop loss of 834, for Positional Targets of 1024-1269.
Go LongPositional Buy
Broke trend line
ADX & RSI also indicated Bullish trend.
Target - @ 940-960-990-1020
SL @ 880
LT - CLOSED AT CRUCIAL LEVELSTHIS ONE HAS CLOSED ON THE DEJAVU LEVELS OF 917, IF ANY UPSIDE THEN CAN REACH 942, ELSE ON DOWNSIDE CAN GO TO 895
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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LT Found support around 950 & 50 Day Moving average supports on LT Found support around 950 & 50 Day Moving average supports on
