Date: 03 May 2021
L&T Infotech
It is on the way of forming Inverted H&S pattern. First it has to reach 4,550 level which will give 14% upside. and then once the pattern is complete expect the final target at 5,530 which will give another 21.5% above 4,550 level. So total upside is 35% which seems possible in LTI.
We will review the stock when it will complete the Inverted H&S pattern at 4,550 level.
Target and SL given in the Chart.
L&T Infotech
It is on the way of forming Inverted H&S pattern. First it has to reach 4,550 level which will give 14% upside. and then once the pattern is complete expect the final target at 5,530 which will give another 21.5% above 4,550 level. So total upside is 35% which seems possible in LTI.
We will review the stock when it will complete the Inverted H&S pattern at 4,550 level.
Target and SL given in the Chart.
Trade closed: stop reached