롱

SWING IDEA - L&T TECHNOLOGY SERVICES

업데이트됨

L&T Technology Services (LTTS) is showing technical signals that suggest a promising swing trading opportunity.

Reasons are listed below :

4700 Resistance Zone Breakout and Retest: The 4700 level has been a significant resistance zone. The price broke above this level, retested it, and is now continuing its upward move, indicating strong bullish momentum.
Bullish Engulfing Candle on Daily Timeframe: The formation of a bullish engulfing candle on the daily chart signifies strong buying pressure and suggests potential for further upward movement.
200 EMA Support on Daily Timeframe: The stock is finding support at the 200-day exponential moving average (EMA), reinforcing the overall bullish sentiment and providing a strong support level.
0.382 Fibonacci Support: The price is also supported by the 0.382 Fibonacci retracement level, further strengthening the case for an upward move.

Target - 5420 // 5870
Stoploss - daily close below 4390

DISCLAIMER -

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@visionary.growth.insights

노트

Made a high of 6%+, closed above previous swing high
HOLD !

노트

back to buying price, hold!

노트

Accumulate

노트

sharp upmove from support level, hold!

거래청산: 타겟 닿음

1st target achieved : 13%++

노트

Achieved 16%++