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Tagged: Bearish, Dow Theory, LT
Larsen&Toubro LTD performed a bearish trend based on DOW theory.
The sequence followed is Lower TOP – Lower Bottom with high volume.
Trade plan:
Symbol – LT
Direction – Short
Entry – 1425
SL – 1600
Exit – 1250
It is a good one with risk reward ratio of 1 . Thanks ….
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