InsiderB

Larsen& Toubro [L&T] : BullishFlag in Bearish trend

NSE:LT   LARSEN & TOUBRO
Simple patterns are the ones which I like to trade the most, bcos they give you clear idea of what to instead of complex things. Here we have bullish flag in LT             , so I expect the usual upside breakout but will take downside trade also if breakout happens otherside. We are in bearish trend also, R3 will attend his last policy meeting today, only banks will be volatile but sometimes effect will be felt allover the market.

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