Aniketyourtechnicalanalyser

L&T showing strong uptrend in coming days?

Long
NSE:LT   LARSEN & TOUBRO
Yes,it's true.
See this latest bullish fundamental report:
The National High Speed Rail Corporation Limited (NHSRCL)
on October 19 said Larsen & Toubro has emerged as the lowest bidder for the
largest segment of the Mumbai-Ahmedabad bullet train project.
And now I seen something surprisingly in the technical chart.
that is......
Cup and handle formation and bullish Gartley pattern.
1 chart pattern and 1 harmonic pattern .both bullish .
and the stock also breaked it's trend line which was acting as support.(it's coloured orange in the chart)
and the trend line is now acting as support.and the stock reached the support.
now it's the best time to enter at CMP with a TGT of 1050.
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Comment: double bottom now.
the 4th bullish pattern again now.
so are these patterns showing the upcoming
largest uptrend in this stock?

Comments

good analysis! +1
+1 Reply
@NikhilMamu, thanks😊
Reply
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