Raymond on the 4-hour timeframe has initiated a long trade setup, with TP1 already achieved at ₹1811.60. This trade was identified using the Risological Swing Trading Indicator, which confirms the potential for further bullish movement as long as the trend holds steady.
Key Levels:
TP1: ₹1811.60 ✅
TP2: ₹2058.55
TP3: ₹2305.50
TP4: ₹2458.15
Technical Analysis:
The entry price of ₹1659.00 has delivered a strong upward momentum, surpassing the first profit target with ease. The stop-loss is placed at ₹1535.55 to manage risk. The price has clearly broken out from consolidation and has been following the Risological trend line, indicating a strong continuation in the upward trend. Traders can aim for the remaining targets with confidence if the current bullish trajectory persists.
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