ShelendrAgrawal

Larsen & Toubro ( L&T ) Analysis !!

Long
NSE:LT   LARSEN & TOUBRO
πŸ“ˆ Larsen & Toubro ( L&T ) πŸ“‰

This broke out from a Resistance Zone of downtrending Trendline and closed above resistance which was support earlier of 1760-1775 .

On Buy Side I am looking for Targets of 1880, 2000 and 2080.


StopLoss should be kept below 1700-1720zone.
It offers 1:3 Risk To Reward.

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Comment:
Went down to touch the Stop Loss but din't break it.

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