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LARSEN & TOUBRO LTD.
Short
Dec 19, 2020
Larsen & Toubro (LT) - Good candidate for short sell
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Monthly trend is bullish so we are considering it as a correction.
Formed the BAT pattern in weekly chart.
If we see sell off here before tagging the last high which is 1384, then it can visit the area between 1120 to 1000.
Stoploss could be placed at 1384.
This view is only for the education purpose, Please connect to your financial adviser before taking any entry.
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Bearish Bat
Chart Patterns
Harmonic Patterns
Wave Analysis
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