1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

L&T

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Nov 22, 2012.

  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    It seems to me that L&t has made a bottom and now it is ready to blast up again those who want to trade can enter @ cmp 1591 with stop of 1535 for the target of 1645-1680-1710.
     
    sanjay_sansanwal, Nov 22, 2012
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    I don't see the bottom is in place. 1700 to 1550 is almost a straight line fall and so I would still like to wait and watch
     
    shabbir, Nov 22, 2012
    Share #2
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Entered @ 1591, views can be different sometimes.
     
    sanjay_sansanwal, Nov 22, 2012
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    It has to be or else it would not be termed as MARKET
     
    shabbir, Nov 22, 2012
    Share #4
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    L&t is rocking @ 1604
     
    sanjay_sansanwal, Nov 26, 2012
    Share #5
  6. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Made a high of 1614 and closed @ 1611.
     
    sanjay_sansanwal, Nov 26, 2012
    Share #6
  7. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Lt blasted @ 1623.70
     
    sanjay_sansanwal, Nov 27, 2012
    Share #7
  8. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Great going :D
     
    shabbir, Nov 27, 2012
    Share #8
  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Lt is rocking @ 1635
     
    sanjay_sansanwal, Nov 29, 2012
    Share #9
  10. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    near to 1st target
     
    sanjay_sansanwal, Nov 29, 2012
    Share #10
  11. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Booked 40% @ 1645 1st target achieved very quickly.
     
    sanjay_sansanwal, Nov 29, 2012
    Share #11
  12. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    booked 30% @ 1680 2nd target done
     
    sanjay_sansanwal, Dec 3, 2012
    Share #12
  13. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Near to trailing stop @ 1645.
     
    sanjay_sansanwal, Dec 4, 2012
    Share #13
  14. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Exited @ 1645 call closed.
     
    sanjay_sansanwal, Dec 4, 2012
    Share #14