kuru_bhisma

most probably breakout

Long
NSE:LT   LARSEN & TOUBRO
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as NIFTY will open gapup tomorrow so will LT .
In 2 days we may see a breakout
Comment: false brekout. but indeed seen a gap up . booked profit early.
i thik LT will continue trend . and if nifty showed weakness it might test lower level again.
as nifty is strong an will remain this week . we might see convincing breakout .
Comment: nifty opened with a huge GAP DOWN.
and now LT on a verge of breakdown.
reasons- global sentiment- US market on verge of breakdown.