Larsen & Toubro | LONG | CHART#7
Price tried to break the Supply Zone at 995 for about 4 times.
At this point(4th) time, stock is making higher lows with good volume , which clearly indicates a possibility of breakout above 1000 level.
Also (20, 50)MA crossover confirmation
*IMPORTANT LEVELS to WATCH*
LONG Above 1023
SL @ 921
Target1 @ 1198 | Target2 @ 1279
Demand Zone @ 875 | Historical Demand Zone @ 662
Good Luck Investors❗
-GokulHari
At this point(4th) time, stock is making higher lows with good volume , which clearly indicates a possibility of breakout above 1000 level.
Also (20, 50)MA crossover confirmation
*IMPORTANT LEVELS to WATCH*
LONG Above 1023
SL @ 921
Target1 @ 1198 | Target2 @ 1279
Demand Zone @ 875 | Historical Demand Zone @ 662
Good Luck Investors❗
-GokulHari
Trade active
Target1 Achieved. Price Moving towards Target2Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.