LTI was given for long above 3475 at 12:41PM today when it was trading at 3460. Within next 20 mins this gave a bumper move till 3618 (143 points -4%). This was simple Ascending triangle pattern which has worked very well in past for us. Other bumper trades were BANKNIFTY & MINDTREE were we capture good profit.
MINDTREE was buy abv 1485 and it moved till 1530
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. If you check all previous charts, you will understand how beautiful price action trading is and how one can become independent trader by following some simple rules. Reach out if you wish to learn powerful technical analysis based on simple price action.
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