Friday, 4 August 2017

KEEP AN EYE ON LT THIS WEEK FOR 07-11 AUG 2017


buy lt  above 1175 TGT 1200/1220 SL 1140
FOR LIVE TRADING LEVELS WHATS UP
ON 09039542248
Primary trend of the LT  is bullish and, it is forming bullish pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 1175 ; Overall trend of the stock is bullish and after experiencing short term correction from the level 1200. if the stock is managing to trade above its 22& 55 and 200 days moving averages with the RSI of 50, one may expect the targets of 1200/1220 in the stock if it manages to sustain above the immediate support level of 1140. 200 EMA can see as a strong support at 1040. it is likely to experience fresh buying with the crossing of 22 EMA , where one may keep the targets of 1200,1220 in the stock with the stop loss of 1140.

DAILY CHART FOR LT: