Larsen & Toubro moved in the desired direction without touching our level of 1180-1174.
Now time-price squaring may happen on 23rd or 24th Aug.
Keep an eye in the zone of 1330-1336. SL for this zone is @ 1340
And next zone to watch is 1360-1371. SL for this zone is 1380.
One may look for shorting opportunities while looking at the price action near these zones.
Targets are 1351 - 1333 - 1315 - 1297 - 1287.
Now time-price squaring may happen on 23rd or 24th Aug.
Keep an eye in the zone of 1330-1336. SL for this zone is @ 1340
And next zone to watch is 1360-1371. SL for this zone is 1380.
One may look for shorting opportunities while looking at the price action near these zones.
Targets are 1351 - 1333 - 1315 - 1297 - 1287.
**The above readings are for educational purpose only.**
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict SL. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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