10 February 2014

LT - Extreme Short Term View






UPDATE
25th Feb

Click on the chart.


TARGETS Achieved
Call Closed.

UPDATE
21st Feb

LT bucked the market trend and went ahead as was indicated.
Trail with TSL above target price.
Click on the chart to see next target.
Note : Must confess I did not have the guts to carry long beyond Yday High.




UPDATE
20th Feb

Achieved target and moved further.
Now following trade plan.
Wait for move in the range 1017-1023

Long
Target 1047/1052
Stop below 1006

Note: The target may go well beyond this week.



For week of 17th Feb
Progressing well to the target.
Chart is self explanatory.



Moves made me realise I was on a wrong count.
Here is the revised count and the trading plan.
Long
Target 1029
Stop < 977



Move down to
976
961
Stop > 1006


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