Inverted Head & Shoulder in L&T Long

LARSEN & TOUBRONSE

Description

⋅ Oct 8, 2021 4:44 PM

We can see this script has given successful breakout from Inverted head and shoulder pattern and is going towards its target area.

Perfect entry time here, within 3 months time frame we can see to accomplish the target.

Happy trading.

Thanks.

Trend Analysis Chart Patterns

Comments

palsantanu71

⋅ Oct 10, 2021 5:35 PM

How to conclude that in 3 months time the target would be reached. what are parameters that you check???

sathianathank9

⋅ Oct 10, 2021 10:03 AM

Is there any chance of correction inthe stock down to 1470

sagarbagad

⋅ Oct 10, 2021 7:57 PM

Time frame is not calculated on the basis of technical analysis shared above. it's my conviction. Cz it has already retested it's neckline level. So I assume it will reach there in 3 months time.

sagarbagad

⋅ Oct 10, 2021 2:30 PM

I don't think so brother. On the contrary no one can predict the market. My above plan is just a probability. It might fall as well. Did you short this?