LTTS - Bullish pattern
LTTS
CMP 1212.
Target 1500 plus
Stop 1050.
1) Double bottom breakout at 1150 with good volume.
2) Price bouncing back on a nice trend line.
3) Price might retest the support line or close to support line 1150-1175.
4) Aggressive investors can enter at cmp; but should be willing to face the retracement just in case it happens.
5) Conservative investors can invest around 1175 levels; but should be willing to handle the situation in case of any miss-out in the absence of expected retracements / nil retracements
CMP 1212.
Target 1500 plus
Stop 1050.
1) Double bottom breakout at 1150 with good volume.
2) Price bouncing back on a nice trend line.
3) Price might retest the support line or close to support line 1150-1175.
4) Aggressive investors can enter at cmp; but should be willing to face the retracement just in case it happens.
5) Conservative investors can invest around 1175 levels; but should be willing to handle the situation in case of any miss-out in the absence of expected retracements / nil retracements
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