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Following the BOF trigger, the trade initially moved favorably and reached the 1:2 risk-reward level within approximately one hour.
π This initial movement indicated that the setup had generated a favorable price response. However, the chart also shows price struggling to establish sustained upward momentum around the βΉ260ββΉ261 region.
β οΈ Although the trade reached 1:2 RR during the session, reaching that level did not automatically secure the profit. The eventual result depended on the exit strategy and actual trade execution.
After moving around the βΉ260ββΉ261 zone, L&T Finance showed renewed selling pressure.
π» The chart illustrates lower price movement during the afternoon, with candles gradually moving toward and below the marked VRZ Low at βΉ259.60.
π Instead of sustaining a recovery, the stock weakened further and approached the βΉ259 area before moving toward the βΉ258 zone.
π¨ This price behavior highlights how an initially favorable BOF trade can lose momentum when the expected reversal fails to sustain.
At 2:55 PM, the stop-loss was hit, marking the setup as a failed trade according to the reported trade outcome.
π Despite reaching the 1:2 RR level earlier, the subsequent price reversal changed the final result.
π§ This case demonstrates an important distinction in intraday trading: a trade may temporarily reach a favorable reward level, but without an executed exit, that unrealized opportunity is not necessarily a booked profit.
