NSE:LT   LARSEN & TOUBRO
LT
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lt
A move past 1470 on spot, can trigger a bigger up move on LT . Price hovering around the Thursday afternoon highs.

If there's a selling candle at these levels, it can be a low-risk short too.

Comments

LT revisited the zones of 1440 and showing signs of a bounce again.

If price crossed of 1470 on spot again, it can turn bullish.

If a selling tail presents itself at 1470, then the short is ON !
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Turns out price didn't hold above that zone of 1470 for too long, even after yesterday's up move.

Below 1450, it's back to being bearish again.
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