NeeteshJain

LT Breaking out Rectangle Consolidation, Targeting 1400

Short
NSE:LT   LARSEN & TOUBRO
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1
Yesterday, the price action closed below the rectangle consolidation range that indicated bearishness and weakness in the stock as marked in previous chart of LT . Today, the price action continues the weakness and downward rally, expected to reach out to 1400 levels that is also previous resistance level .

Trade closed: target reached: Target 1 reached at 1419