LT fut 2015Jan30

1.First day of the series
2.Huge tail on the 2nd candle says its not ready to go up... but it is difficult to trade as the previous candle was solid green ...
3. Break of PDH & PDC gave a sell signal with the canlde top as SL, tgt as PDL. the trade has space to move...

... usually a solid full body is considered as a good signal...this was having a long tail at the bottom, which gave me a fear ... hence I exited so fast with a 4point gain....

4. BO PDL..., gave a sell signal. ...SL hit ...

LT fut 2015Jan29

This DP style of trading is more working for LT , than for CANBK, AXISBNK,LICHSGFIN.
The reason could be
1. We should account some amount of fluctuation also...for low priced stocks with huge lot size ... it is tricky to segregate the signal from the fluctuation.... may be it will work , if the signals are strong enough... but it has to be studied before we plunge in.... already I have burnt my figures enough ....

I will study LT daily for 1 month...