Swing Buy opportunity in LTIMEntry only when the 30min candle closes above 5113
TARGET: 5336
SL: 5012
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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LTIM trade ideas
LTIMHere this one is for long term. I have drawn simple channel. You can see long term target. Generally it touches upper channel. But don't jump. Keep adding small positions over period of time. And keep your risk constant. Suppose you invest 100 and you risk is 10. Then let it move first 20 points. Then add another 100 and keep SL of 20. So in this case you will not be loss
Can you still enter LTIM ?After the post on Feb 1 LTIM has broken out of its distribution zone and is now (most probably) starting an uptrend. Those who weren't able to trade it can now enter with the greatest RR this trade could've given. Stock has retraced back to the golden Fib zone and has made a strong bullish candle. Enter above this high and place your stops just below yesterday's low or even below the current candle's low. Trail accordingly or with 21 & 55 EMA (on the chart). Happy trading!!!
LTIM possible breakout ??After a long distribution period, LTIM might be on its way to a breakout. Stock has formed a two day flag-consolidation on the top of the range and has broken above the 20 SMA. Also the stock is forming this consolidation near the 50 SMA. There is also decline in volume after the rally.