Larsen & Toubro : Turbo Mode On !

LT one of my favorite scrips, whether its intraday or positional this scrip performs really well (just my opinion,can be different exp for you ). Those who follow me for a while ( 6 months or so ) might be knowing about the Investment analysis we did on LT . We got it somewhere around 1100's I guess, now LT @ 1500's. Great Returns. Flashback over, back to reality...

Now we have bullish flag in LT , if we get proper breakout enter long positions with proper stops n target. If flag fails don't enter downside, for few other bullish flags we entered on downside breakout, but not this one, there is a reason behind it. Can someone predict what's the reason behind ? Come up with your reasons..most welcome...
Comment: Don't Miss to check out " An Analysis : LT " attached in related ideas, bcos its can help you to get insights about how to combine fundamental & technical analysis for short term investments.
InsiderB ace2009
Thanks !
Beautiful Flag, absolutely on target. Great Work.
InsiderB NeeteshJain
Thanks !
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