Friday, 18 August 2017

LT UPTREND EXPECTED IF BULLS IN ACTION NEXT WEEK


buy LT above 1140 TGT 1160/1190 SL 1110

FOR LIVE TRADING LEVELS WHATS UP ME

ON 09039542248


TECHNICAL VIEW:  After showing correction from the higher level, now LT is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 1150 as the stock is managing to sustain above the level of 1150.  It is likely to continue the positive movement with the breakout of the pattern at the levels of 1157. 22 and 55 days moving averages seen as resistance  level with the RSI of 40.  After breakout, One may get the targets of 1170,1200 in the stock with the stop loss of 1110. Primary trend of the LT is bullish. Strong Support level seen on daily chart at 1120 AT 200 EMA .
DAILY CHART FOR STAR:

3 comments:

  1. THIS WEEK NIFTY BANKNIFTY FUTURE PROFIT 37195. VISIT NIFTY TRADING TIPS

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  2. Monday market will be bullish or bearish.

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    Replies
    1. markets are witnessing Selling at every higher levels and this will continue till the market conquers the Resistance zone of Nifty 9930-9950

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