Larsen & Toubro - Positional Idea | Inverse head & Shoulders

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.

Rajat Kumar Singh,
B.Tech. (Delhi Technological University)
Community Manager (India), TradingView

✅ FREE Telegram Channel 👉
✅ Trading Blog 👉

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.