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L&T Head and Shoulder Pattern

Short
NSE:LT   LARSEN & TOUBRO
L&T has formed Head and Shoulder Pattern on daily chart.

Entry
We can go short if price breakdowns below the neckline with strong bearish candle.

Target
We can keep target near the next support zone as marked on chart.

Stoploss
We can keep stoploss above the neckline.


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