Larsen & Toubro 3 Drive SHORT
NSE:LT LARSEN & TOUBRO
The stock is nicely formed 3 Drive pattern so it may bring halt to the ongoing uptrend. Today's Bearish Engulfing and RSI reading are also confirming the short trade. One can short the stock with appropriate Stop Loss.
Pattern has lost is symmetry so am thinking of closing it with loss.
Sorry I meant here in small profit.