LT Targets ₹3992! Hourly Swing Trade in Action!

6 dic

Larsen & Toubro (LT), on the 1-hour timeframe, has showcased a precise long trade setup using the Risological Swing Trading Indicator. With TP1 and TP2 already achieved, the trade now targets higher levels as momentum sustains.

Key Levels:

• TP1: 3658.85 ✅
  
• TP2: 3786.40 ✅
  
• TP3: 3913.95 (Pending)
  
• TP4: 3992.75 (Pending)
  

Technical Analysis:

• The price crossed the Risological Trend Line, giving a clear bullish entry signal at 3580.00, backed by strong market sentiment.
  
• The stop-loss was secured at 3516.25 to ensure a well-defined risk-reward ratio.
  
• The steady rise above the trend line and the achievement of initial targets highlight the reliability of the system.
  

The trade remains bullish, with the price continuing to climb steadily toward TP3 and TP4, suggesting further upside potential.