Aditya_Pal_Singh

LT: Flag and Pole

NSE:LT   LARSEN & TOUBRO
L&T formed a flag and Pole Pattern on an hourly chart. The analysis is backed by the increase in the volume of bulls at the time of the formation of the pole and the decrease in the volume of bears in the Flag formation justifying the two most important criteria for Flag and Pole patterns to give a breakout.

Still, it is the stock market so be prepared with arms and ammunition for both side movement.

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