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finalyticsbreweries
Aug 30, 2020 9:26 AM

Larsen: Huge Accumulation in progress Long

LARSEN & TOUBRONSE

Description

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.

Comments
kshitizchoudhary8179
Thank you for such a good analysis, was thinking the same way
luckei
Great analysis...Thanks for valuable information
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