LARSEN & TOUBRO LTD.

Long

Updated

L&T | Weekly Trendline Breakout

The chart analysed on follow factors:

Area of Confluence | EMA | Support & Resistance | Volume | Trendline Breakout

Stop loss 5% | Target 7% / 12% | Risk : Reward 1:2

Thanks
-AJ

Trade active

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Note

price recovered from 50 ema and retest level.

if today's candle closed above 20 ema, it will be a long trade opportunity 👍

Trade active

price closed above 20 ema

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Note

target 1 achieved.

Note

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Note

Parallel Channel and strong resistance at Rs 2400.

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strong resistance at Rs 2400

Note

sharp fall due to financial results

Note

triangle breakout with target of Rs 2300.

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Trade closed: target reached

Target of Rs 2300 achieved.

Note

gap filled and price at resistance level.

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Trade active

Breakout !!

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