varun_devadiga

Possible Cup and Handle Breakout in L&T Finance Holding

Long
NSE:LTF   L&T FINANCE LTD
Stock has given breakout from its cup and handle pattern with good volume in hourly time frame.

Now stock is retesting its previous resistance of 84-82. For further upside movement stock has to close above 85.80

All the possible targets are marked on the chart. Maintain strict stop loss at 78.

This is just a view, not recommendation to trade. Do your own analysis before making any investment.

Do like and share this idea and share your opinion in the comment section.

LTF




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.