johntradingwick

Larsen & Toubro - Positional Idea | Inverse head & Shoulders

Long
NSE:LT   LARSEN & TOUBRO
Key Highlights:

1. Bullish market structure - HH, HL
2. Volume expansion
3. Forming Inverse Head & Shoulders
4. Approaching major resistance zone 1537-1603
5. Close above 1600 will trigger a rally to 1800+
7. Target: 1846, 2163, 2517. Stop Loss: 2185
8. Time frame: 12-15 months

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Comments

I am civil engineer so working L&T construction
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