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Monday, 16 February 2015

LT fut 2015 Feb 16

I had position of long LT at PDC. Wanted to see , if it can cross PDH, then hold it ,... or exit near PDH.

Did as per the plan.


1. It struggled to cross PDH. It is a short from there, with the candle top as SL, with th target of PDC & PDL... came down easily .. even before the intraday range is revealed...

2. After the intraday range is revealed, there was a TST of IRL.. which is a buy with the BRK DWN of IRL as SL & target of PDL. It again hit IRL ..with a pin bar, and then the tgt.

As it is holding BRN 1650.. Im long again ...

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