Friday, September 11, 2009

Bullish Gartley in LITL - 11th sep 09

Update on 14th Sep 09, 4:00 PM:
Stop loss hit for LITL, but exited with 0.62% profit on the trade.

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Update at 1:56 PM:
LITL missed the target with Rs. 1. Booked out 50% at 424 and moving stop loss to Rs.414

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Update at 11.40PM:
Bought it at around 416.4 on avg. Till now it sustained nicely with the bearish Wolfe wave cum ABCD pattren in Nifty.

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LITL Intraday Chart - 5 mins:

LITL formed a Bullish Gartley pattern. Targets are marked on chart. Those who have traded before and want to reenter, with small risk can enter now.( buy in small dips)

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