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Larsen: Huge Accumulation in progress

Long
NSE:LT   LARSEN & TOUBRO
Larsen price havent moved significantly in past few weeks.

Any slight upmove followed by retest levels where it retrace near Fibonacci levels. ( Approx 38.2% in most occurrences)

Any significant volume upsurge is invisible and evenly distributed across weeks.
Heavy resistance near 1000-1020 levels.

If price crosses these levels with good volume, the result will be a breakout & rally till 1100 levels.


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