LARSEN & TOUBRO LTD.Short
LT SHORT
LT has completed 5 wave structure in daily time frame and entered in ABC corrective wave pattern. It has possibly completed A-B wave and ready for C wave on down side. LT takes support of 50 EMA in daily time frame.
https://www.tradingview.com/x/EbUaDI4z/
Weekly MACD down
https://www.tradingview.com/x/HN4Exkc8/
Daily MACD downtick
https://www.tradingview.com/x/UU3vNL9x/
Daily RSI is below 40 and reversed from 60
https://www.tradingview.com/x/8ooO49nN/
Stochastic gave negative crossover
https://www.tradingview.com/x/QFYIzyH6/
https://www.tradingview.com/x/9VkuG0EW/
4 Hourly trendline has to go.
https://www.tradingview.com/x/EbUaDI4z/
Weekly MACD down
https://www.tradingview.com/x/HN4Exkc8/
Daily MACD downtick
https://www.tradingview.com/x/UU3vNL9x/
Daily RSI is below 40 and reversed from 60
https://www.tradingview.com/x/8ooO49nN/
Stochastic gave negative crossover
https://www.tradingview.com/x/QFYIzyH6/
https://www.tradingview.com/x/9VkuG0EW/
4 Hourly trendline has to go.
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