Larsen #Flag Long

LARSEN & TOUBRONSE

Description

⋅ Sep 9, 2017 10:23 AM

Larsen is in formation of Flag.
Breakout will come once price breaks and close above 1200 with volumes

Rationale: Rise in volumes as price is approaching breakout point
Stock has shown strength against sideways trend of index

Trend Analysis Chart Patterns

Comments

shiv2798

⋅ Sep 9, 2017 1:41 PM

Close above 1200 can lead to 1315
Good pick
Regards