Breakout In LARSEN & TOUBRO
Aggiornato
A Range Breakout on WEEKLY and DAILY Timeframe can be seen in LARSEN & TOUBRO. Would suggest to go Long or make long Position at CMP or also can enter in that zone if it doesn't close below the zone on weekly timeframe. Can be a good positional trade for the target of level 1885 or you can also consider latest dip as a upside target with strict stop-loss of 1511 level OR you can also consider given zone as a stop-loss if breaks and closes below the zone in weekly timeframe at 1585 level (only on closing below basis on weekly timeframe). And if manages to close above the given zone of 1586-1607 in MONTHLY TIMEFRAME chart it'll be considered as a MULTIYEAR BREAKOUT, Will update Target if SO happens.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.
Trade attivo
Got entry in the given zone As suggested earlier. Hold for more gains upside.Trade chiuso: obiettivo raggiunto
1885 level shown today and would suggest to exit the trade.Nota
if todays candle manages to close above 1885.45, can go long and also fresh entry for those who missed that given rally, range breakout can be seen if todays candle closes above 1885.45 level. keep watch.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.