Intraday Buy L&T Finance 72.5. Target 74 and 76. SL 69.5.
Buy on 5 mins chart opening range breakout with SL below day’s low.
Re-enter long position on reversals at VWAP indicator or on reversal after fresh swing lows on 5 mins charts.
Exit trades on stoploss. Exit if stock trades below VWAP for a long time or if stock breaks VWAP with strong volumes.
Book profits when there is 45 mins rally on upside.
Book profits when RSI (9) is above 80.
Re-enter on reverse ABCD pattern.
Watch this video before you enter your trade.
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