L&T FINACE HOLDINGHello & Welcome to this analysis
Stock has entered in the PRZ of a Bearish Harmonic Bat Pattern in the monthly time frame suggesting a retracement 135-115.
The pattern gets negated above 188 - X pt of the pattern.
Since this is a monthly structure it could see a longer period of consolidation before it either does a distribution and dips down or after a sideways accumulation breaks on the upside.
Downward trigger level currently is at 155 on weekly basis.
Safe trading & investing
