Positional Trading Idea on L&T with Fibonacci Level
Updated
LT Stock closed above ATH on 28th March 2024. If drawing Fibonacci Extension taken into account of recent High and Low then the 1.618 Fibonacci Extension level comes near 4038 level. Long Position may be initiated at CMP with Trailing SL 3700 for the target near 4038 level.
Note
Closed below Fibonacci 0.618 retracement level near 3555.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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