LT : Upar Jaane ka Raasta
LT is back in its value area after a downward dip breaking the trend line. Please See linked ideas for details.
Key levels are marked on chart for the upward movement and positional trades.
The stock saw short covering when it touched 900 leading to an immediate rebound.
The OI Status as on Friday is over 20 Lakh open interests for 950 (5Lakh) to 1000 levels (10Lakh) with 900 being the support (3Lakh).
So there is a definite bullish bias to the stock.
Positional Intraday Ideas:
Go long above 930 for 945, 965, 980 with SL at 910; Trail SL after 945
P.S. You will need to zoom out to see the long term FIB retracement levels for key supports and resistance levels.
Key levels are marked on chart for the upward movement and positional trades.
The stock saw short covering when it touched 900 leading to an immediate rebound.
The OI Status as on Friday is over 20 Lakh open interests for 950 (5Lakh) to 1000 levels (10Lakh) with 900 being the support (3Lakh).
So there is a definite bullish bias to the stock.
Positional Intraday Ideas:
Go long above 930 for 945, 965, 980 with SL at 910; Trail SL after 945
P.S. You will need to zoom out to see the long term FIB retracement levels for key supports and resistance levels.
Zlecenie aktywne
Uwaga
Approaching T1Uwaga
tomorrow maybeUwaga
will keep overnight positionsZlecenie aktywne
Uwaga
strict SL tomorrow. large volatility expected.
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