expecting a down modeexpecting a don mode as its form M pattern so expecting small up retracement then down after get 1:2 rr get to breakeven
LTFOODS trade ideas
LT FOODS TRADING IDEA ON BREKAOUT OR RETESTLT FOODS has formed a flag pattern with a parallel channel. We will wait for a valid breakout of this range on the upside to enter as it is a trend continuation pattern. on the other hand if th eprice comes to lower end of the band then we may plan a entry based on price action with a 1 rupee stop below the range on clbs.
LT FOODS - 7 MONTHS OF SUPPLY ZONE BREAKOUTSUPPLY ZONE & 7 MONTHS BREAKOUT
Breakout point - 220
ENTRY - 220
SL - 210
TARGETS - 250, 280
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