L&T Finance Holding Chart Analysis !!

πŸ“ˆ L&T Finance Holding πŸ“‰

Today broke out from a Resistance Zone after testing three times and also broke out from a downtrending Trendline Zone which is coming from all time high, It means it has come out from larger bear trend however a major swing yet to crossed on closing basis.
Long time frame chart is attached below at end.

On Buy Side I am looking for Targets of 94, 99, 112

StopLoss should be kept at 75.
It offers 1:2 Risk To Reward.

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:
Trail SL to 79
Trade closed: stop reached:
Trailing SL Hit

Follow me for live IntraDay Chart Analysis on Twitter.

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.