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Breakout from Channel Pattern in LT
LARSEN & TOUBRO LTD.
Viés de alta
Breakout from Channel Pattern in LT
Por Swingtrader20192015
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Atualizado
13 de nov. de 2020
3
11 de nov. de 2020
LT has given strong breakout from ascending channel pattern. Volumes wee 5X on the day of breakout.
LT may retrace and test the trend line as the market is looking weak.
Try to enter between 1020-1040 levels.
Targets would be 1120/1170 and SL below1000.
P.S.: I have entered at 1043 today with capital of 10K.
11 de nov. de 2020
Trade ativo
LT now above 1055. Enjoy 1% gains on LT.
12 de nov. de 2020
Nota
LT now trading at 1072. 2.5% up from the entry price. Trail SL to cost and wait for further up move towards 1100.
12 de nov. de 2020
Nota
LT closed at days high even in bearish market today. Hold for the targets in few days.
13 de nov. de 2020
Nota
Trailed my stop loss to 1049.5
13 de nov. de 2020
Trade fechado manualmente
Trailing SL Hit. Exited with small profit.
18 de nov. de 2020
Nota
First Target hit in LT.
But I had exited the trade at 1049.5 because as a beginner capital protection is must once trade goes in to your favor.
19 de nov. de 2020
Trade fechado: objetivo atingido
All targets reached. Cheers.
Beyond Technical Analysis
Chart Patterns
larsentoubro
priceactionanalysis
Technical Analysis
Trend Analysis
Swingtrader20192015
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