TradingView
Raghulramdoss
Sep 16, 2021 1:09 AM

Key level to watch out in L&T 

LARSEN & TOUBRONSE

Description

It is a large cap scrip, it is in an uptrend for a long time and now it is near to the multiyear resistance. There can be a huge up move in this scrip if if breaks that resistance, so do watch out for this level and set an alert on it. Don't short this scrip until it breaks the support zone and better to short after the pullback. Point to be noted is that the volume are contracting with the rise in price which signals a trend reversal.
Don't speculate, act according to the price action.
More