LCI - SWING IDEA

250
📊 LCI | Swing Call

LCI has completed a healthy correction within its long-term uptrend and is currently trading near a multi-tested support zone.

Price is holding above the 295 – 286 demand zone along with the rising trendline support, making this area a high-probability buying zone. Previously, strong bullish reactions have been observed from this level.

The RSI is showing recovery, and the recent bounce, accompanied by improving volume confirms growing buyer interest. As long as the price does not close below 286 on a daily basis, the overall bias remains bullish.

🟢 Buying Zone
CMP: 297

🔴 Stop Loss
286 (Daily close basis)

🎯 Targets
320
335
355
375
396

⚠️ Risk management is compulsory.


Penafian

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