Here by I have plotted the long term support and resistance lines for LT. As per my own analysis the stock should correct more towards its support zone of 1303, from there the possibilities of reversal happen up to 1375 short term view as per charts.
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Kindly support our team for more analysis and ideas to for trading and investment
Trade closed: target reached:
Lookt at the charts We have mentioned 1277 level , But it came down to 1290 and RSI cross the mentioned Trend Line and get back to our Target level 1355. Good gain of 50 Points in Just 4 Days.