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sunakshig2
Sep 16, 2018 5:07 PM

LARSEN & TUBRO_Trend Analysis 

LARSEN & TOUBRONSE

Description

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

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