L&T Finance is just short of a Breakout with Volume at the neckline. The short term and long term price action charts are also indicating the trend.
Due to following L&T Finance can head for first taget of INR 960 on a long term basis should the breakout occur.
1) 50 DMA will turn > 200 DMA
2) Price greater than supertrend and supertrend in Buy zone.
3) The rate of rise in Price 2025 is higher than last few years
4) Consistent rise in Price since last 3 sessions
5) MACD and RSI indicator are BUY zone
The analysis is for academic purpose and not a recommendation to invest.
Due to following L&T Finance can head for first taget of INR 960 on a long term basis should the breakout occur.
1) 50 DMA will turn > 200 DMA
2) Price greater than supertrend and supertrend in Buy zone.
3) The rate of rise in Price 2025 is higher than last few years
4) Consistent rise in Price since last 3 sessions
5) MACD and RSI indicator are BUY zone
The analysis is for academic purpose and not a recommendation to invest.
Disclaimer
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.
Disclaimer
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.