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srikartiram
Jun 5, 2021 7:19 AM

L&TFH | Downtrend turning into Uptrend - Can double from here  Long

L&T FINANCE LTDNSE

Description

L&TFH | Downtrend turning into Uptrend - Can double from here

Its a Mid to Short term pick - Similar to BHEL setup. Might need to hold 3-6 months.

CMP : 97 (Dip till 85)
SL : 80
Target : 145, 195

More than 1:10+ risk reward

Comments
vickey007
bro i buy 100 ce option 2 lots for 3.60 RS pls tell your opinion
srikartiram
@vickey007, Hi i've used weekly time frame to analyze. Hence option buying can't work. Please use this chart for option selling may be. Or future long with the hedge.
MalayJog
Great set up. Can be played for 15% up move. Needs a weekly close above 110- 115 range for any further upside.
Santhosh_D
is it forming head and shoulders pattern?
srikartiram
@Santhosh_D, its a very good risk reward, after trendline / wedge breakout. We can buy confidently.
kdnyandev333
@srikartiram, sir telegram channel hei kya aapka
Santhosh_D
okay bro...
Thank u for quick reply
cvsdhar
L&T FH is good going scrip had touched 200plus earlier, is a good & right spot to invest earliest, may cross previous peaks. In long term a good performance and consistent doer.
Yogi619
Yeah, noticed it few days ago, already long from 90
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