LTIM - Getting Ready

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The chart is self explanatory. Since Nov. 21, the price has been forming a Triangular pattern. Already given a breakout of that.
Since Jan. 24, A Cup & Handle pattern is formed and a breakout is seen on the charts.
At present time, we can observe the retest of the both breakouts.
If the price gives a bounce back from present range of 6000-5800 and sustains above, may see a bullish run upto 7000/7500 and even more.
If sustains below 5600, the setup goes weak.
One should mind the position size according the risk-management.
The above illustration is my own view, only for learning and sharing purposes, not a trading advice in any form.
All the best.
注释
Entered the buying zone 5950-5800. CMP 5932. Let's see ahead. it is not a buying advice. Only for observation purpose.
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Bounced back from the good support levels of 5860. Let's see ahead. CMP 5936
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Crossed 6020. 150 points up today. Stay tuned.
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At good buying levels around 5700. But it is not a buying advice, just for observation and paper trading.
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Showing strength today. Crossing 5950.
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CMP 6074. An awaited breakout above 6050 is seen now. Keep watching.
注释
Showing strength noe, above 6600.
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