LARSEN & TOUBRO LTD.
Long
Updated

LONG ON LT(NSE)

217
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!
Trade active
The price can be seen bouncing off the support line and seems to be heading our in our direction
Trade closed: target reached
target was reached !

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