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LARSEN & TOUBRO LTD.
Long
Updated
May 20, 2020
LONG ON LT(NSE)
3
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7
7
May 19, 2020
This analysis is only for educational purposes, Invest at your own risk!
A descending triangle pattern can be seen with the resistance line at price 803-804.
Going long at 813-814 an targeting to sell at around 850-855 can prove to be very profitable .
The Volume pattern can be seen to be stable a supportive with the above mentioned pattern.
Any kind of criticism is highly appreciated !
CHEERS!
May 20, 2020
Trade active
The price can be seen bouncing off the support line and seems to be heading our in our direction
May 22, 2020
Trade closed: target reached
target was reached !
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