$LA
Market Event: Price defended a key level after a brief liquidity sweep below support.
Momentum Implication: The rejection signals buyers remain active at lower prices.
Levels:
EP: Rs18.50–18.80
TG1: Rs19.40
TG2: Rs20.10
TG3: Rs21.00
SL: Rs18.10
Trade Decision: Favor long positions while the defended level remains intact.
Close: If support holds, another leg higher becomes increasingly likely.
#PhiladelphiaSemiconductorIndexFalls4% #SanDiskSeagateMicronSlide
Market Event: Price defended a key level after a brief liquidity sweep below support.
Momentum Implication: The rejection signals buyers remain active at lower prices.
Levels:
EP: Rs18.50–18.80
TG1: Rs19.40
TG2: Rs20.10
TG3: Rs21.00
SL: Rs18.10
Trade Decision: Favor long positions while the defended level remains intact.
Close: If support holds, another leg higher becomes increasingly likely.
#PhiladelphiaSemiconductorIndexFalls4% #SanDiskSeagateMicronSlide