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Larsenandturbo

Larsen & Toubro ( L&T ) Analysis !! 📈 Larsen & Toubro ( L&T ) 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above resistance which was support earlier of 1760-1775 . On Buy Side I am looking for Targets of 1880, 2000 and 2080. 
 StopLoss should be kept below 1700-1720zone. It offers 1:3 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.
NSE:LTLong
by ShelendrAgrawal
L&T Finance Holdings - Positional view | Potential 100% gainKey Highlights: 1. Bullish market structure - HH, HL 2. Volume expansion 3. Forming descending broadening wedge 4. Approaching major resistance zone 99-108 5. Close above 108 will trigger a rally to 150+ 7. Target: 123, 146, 174, 198. Stop Loss: 82 8. Time frame: 9-12 months I have made an illustration on the left-hand side, to explain the descending broadening wedge pattern. You are always advised to use an appropriate Risk-Reward ratio as per your strategy. P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
NSE:LTFLong
by johntradingwick
3