L&T - Trendline broken

L&T has broken major trendline support of the upmove since Feb 2016.

So long as it stays below 1260 levels, we are likely to see levels of 1184 and 1117 if 1184 is broken.

Good opportunity to short here with a stop loss of 1260.

Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Hit the first target on Friday !!
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