sunakshig2

LARSEN & TUBRO_Trend Analysis

sunakshig2 Updated   
NSE:LT   LARSEN & TOUBRO
As on 16th September 2018, as per fibonacci and trend lines, resistance is 1388.95 and support is 1322.95 in daily time frame. Although the trend is not very clear but if it crosses 1385.50 then it will be in uptrend and if it touches and crosses 1329.70 then it will go in downtrend so trade accordingly. I will update LT in the coming days with the share movement in the next week.
Trade active
Trade active:
LT HAS BROKEN SUPPORT LEVEL OF 1329.70. IT IS IN DOWNTREND FROM HERE.
Comment:
LT MIGHT FALL UPTO 1289.
Comment:
LT MIGHT FALL UPTO 1289.
Trade closed manually

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.