Trade-Technique

Trade-in two-step having great risk vs reward ratio, L_TFH

بيع
NSE:LTF   L&T FINANCE LTD
  • Expected tail.
  • Falling is always normally 40 minimum while U-turn.
  • This might an excess.
  • The price is currently out of the channel.


Observation:

The tail is a clear sign found while U-turn which is your trade confirmation odd.
Due to the falling wave, we are seeing normally 40 points.
Short 129-133 is the great range because the price is out of the channel.
A negative point for short-seller: Suppose to create an excess, then maximum price move 136 as per previous an excess.

Trade-in two-step having great risk vs reward ratio:
1) trade, Sell at 129
1) next trade should be, Sell at 133

Both trades have the same target as the first 112-109 and the next target is 103.

Best of luck.
Will update daily and 30 minutes chart shortly.
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.