Lt daily head and shoulder at the life top

5 May

hello traders

check this latest development on LT chart on daily time frame

its a head and shoulder

short
below 3450

target price 10% from shorting level
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warning : short only if closing below 3450
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stop loss the last shoulder high

5 May

Not

stop loss price closing above 3700

5 May

Not

Disclouser : I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

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any related query allow me to answer

if this idea is use full
like and share also follow and comment your thought about this analysis

7 May

Not

around 75 point profit done in just two days

8 May

Not

8 May

Not

4 %
around 135 point profit running in just 3 session continious

9 May

Not

6% net profit running around 200 point

10 May

Not

7.5% profit running around 260 point

13 May

Not

13 May

Not

at todays low around 8% profit running

21 May

Not

21 May

Not

is current scenario is a second opportunity to short

24 May

Not

price closure to our stop loss level, may be stop loss trigger, but incase not than currently risk reward is at there great level for fresh entry

24 May

Not

31 May

Not

our stop loss is 3700 on closing basis is still safe

3 Haz

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