L&T Finance - Strong Support Zone Swing Trade SetupL&T Finance has reached a key support zone around the 140-145 range , which has been tested several times in the past (indicated by the blue arrows). This zone has consistently held up, with strong rebounds, signaling significant buying interest.
Support Zone: 140-145 range
Current Price: 150.40
Entry Strategy: I’ll be watching for a bullish or green daily candle forming near the support zone. Once that candle is established, I’ll look for a 15-minute candle to break above the high of the daily candle. Once that happens, the entry will be confirmed.
If the support holds and we get a bullish daily candle, followed by a 15-minute breakout, this could be a strong setup for a reversal. The volume spike seen here also adds confidence that buyers may be stepping back in at these levels.
Disclaimer: This post is for educational purposes only and not financial advice. Always do your own research and manage your risk responsibly.
