L&TFH IS BULLISH

Good volume breakout.

4 Comments

EQSIS 7 years ago

Although it is looking bullish, i feel it can be bought at its retracement level (buy on dip) use fib retracement levels 38.2% . This stock has given good break out from lower levels, but now placed at it crucial resistance zone. Hence i feel near term consolidation is expected.

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Author

Divya S 7 years ago

yes sir , RSI is above 70

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V.VEDANAYAGAM 7 years ago

Dear sir /madam
In a trade plan Target is what we can only EXPECT where as stop loss is what we are READY to afford. Risk of Rs 20 per share price of Rs 109.50 (ie 26%) I humbly feel is abnormal from the stand point of money management. Happy trading

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- V.VEDANAYAGAM 7 years ago
  
  Sorry Risk is 18% which is also i feel high
  
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