LT - Support line Breach (Minor)

업데이트됨

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.

노트

LT looking good; Buy if it sustains 945

노트

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

노트

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

노트

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

노트

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

액티브 트레이드

Sell triggered at 924