Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!!
RSI is weak but from here it might take a short term pullback till the levels mentioned above. L&T is a stock for long term investment and getting a cheaper price now so those who want this in your portfolio can add small small quantities for long term. If you earn from my ideas, kindly consider donating small part of your profits to those in need. Thank You.
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Still Sustaining in the range of 852. Keep an eye!
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Since last trading day ist has breached the channel & made new low hence, buying can be done only above 865 levels only if it takes out 860 levels in 1hr time frame.
@nileshvpanchal,
Youtube Channels: The Mukul Agrawal, Wave Talks, CA Rachana Ranade, Finnovationz.com, Wealth Saga, Power of Stocks, Gomathi Shankar, The Madras Trader.
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Books: Janapese candlesticks pattern, Beyond candlesticks- new Japanese charting techniques, The candlestick course all three books by Steve Nison. and lastly Harmonic Trading by Scott m. Carney.