LARSEN & TOUBRO LTD.Panjang
Swing Opportunity in Larsen
Telah dikemas kini
Go Long above 1519.6 for Targets of 1561.2, and 1602.8 with SL 1478
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level.
2. A bullish candlestick pattern, Bullish Hammer (marked with an orange circle) is formed at 0.382 Fibonacci level.
3. The stock was facing resistance from the trendline earlier and now after giving breakout, the trendline is acting as a support.
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level.
2. A bullish candlestick pattern, Bullish Hammer (marked with an orange circle) is formed at 0.382 Fibonacci level.
3. The stock was facing resistance from the trendline earlier and now after giving breakout, the trendline is acting as a support.
Dagangan aktif
Entry triggered on 15 June 2021Dagangan ditutup: hentian tercapai
SL hit on 18 June 2021
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.