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vatsal27
Jun 6, 2021 2:55 PM

CUP AND HANDLE PATTERN IN L&T CHART Long

LARSEN & TOUBRONSE

Description

L&T IS SHOWING STRONG SIGNALS OFF UPSIDE WITH BOTH TECHNICAL AND FUNDAMENTAL HAVING ITS SIDE, STRONG ORDER BOOK, IN ANTICIPATION OF STRONG ECONOMIC RECOVERY .
TECHNICAL SIDE IS ALSO GOOD AS IT IS FORMING ITS LONG CUP AND HANDLE FORMATION WITH HEAVY VOLUME,ALL THE INDICATIONS SHOWING STRONG BUY SIGNAL. WE CAN SEE A SIGNIFICANT UPSIDE FROM THE CURRENT POSITION.
CURRENTLY STARTING ITS 5 ELLIOT WAVE WHICH GIVE US MORE REASON TO BUY AND HOLD IT WITH YOUR SEAT BELT TIGHT.
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