L&T view

STOCK MARKETS 1 Minute

L&T is holding up well dispite all market turbulence,
We believe it’s just a matter of TIME before this STOCK also join markets on downside.
This recent consolidation is an opportunity to get in for some shorts.
Prefered entry would be closer to (2200) on cash.
This may take its TIME to fall, but at this point we want to trade STOCKS who are at their early stages in decline,
Coming to its PATTERNS now,
STOCK recently gave a (HEXAGON) breakdown below )2120) its PATTERN objective is (1960) in medium term,
For short term minor support is at (2100) once that breaks it should move down till (2035) and (1960) eventually.
TIME wise next week would be very critical.

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Published by SAAHIL BELIM

MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt!

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