Short

L&T Infotech Chart Analysis !!

Updated
📈 L&T Infotech 📉

My Findings :-
1. Breakdown of Strong Support Zone.
2. Lower High and Lower Low Formation.
3. Close Below Six Months Low.
4. IT Index also week. Check Chart below.

Bias- Short
Target- 4942 and 4413
SL- 6091
RR- 1: 2

IT Index Chart :-

snapshot

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.

Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade active
Target 1 Achieved.
Note
Trail SL to 5194
Trade closed: target reached
Target 2 Achived.
larsonandtubroinfotechltinfoltinfotechSupply and DemandSupport and ResistanceTrend Analysis

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