FAHEEMSAM

#Oct12 - LT (intraday+swing)

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NSE:LT   LARSEN & TOUBRO
The stock has been continuously testing the resistance at 915. Last day too the resistance was respected, but since the stock is highly bullish, there is chance for the breakout to happen. The bullishness will be confirmed if the resistance is broken. This is an intraday as well as swing pick from my side.

Buy above 915

Note:
  • Avoid the stock if a big gap up or gap down is seen
  • Enter after the breakout happens and not before it
  • Do not chase the market, i.e., do not get involved in late entries
  • Only enter with strict stop-loss and target
  • This is not a recommendation and is for educational purposes only.
  • always follow risk-reward and quantity management for the 100% of the times
  • The above mentioned idea may not work, so beware of the risk you are taking
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