L&T Finance Holdings - Positional view | Potential 100% gain
Key Highlights:
1. Bullish market structure - HH, HL
2. Volume expansion
3. Forming descending broadening wedge
4. Approaching major resistance zone 99-108
5. Close above 108 will trigger a rally to 150+
7. Target: 123, 146, 174, 198. Stop Loss: 82
8. Time frame: 9-12 months
I have made an illustration on the left-hand side, to explain the descending broadening wedge pattern.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
1. Bullish market structure - HH, HL
2. Volume expansion
3. Forming descending broadening wedge
4. Approaching major resistance zone 99-108
5. Close above 108 will trigger a rally to 150+
7. Target: 123, 146, 174, 198. Stop Loss: 82
8. Time frame: 9-12 months
I have made an illustration on the left-hand side, to explain the descending broadening wedge pattern.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
B.Tech (Delhi Technological University)
Global Community Manager, TradingView
✅ Telegram: t.me/johntradingwick
✅ Blog: tradingwick.in/
✅ Amorella: amorella.in/
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。