Note: This is for educational purpose only. There seems to be an unconventional bullish engulfing of last 8 sessions with high volume. This indicates today's price has engulfed the price action of last 8 sessions. RSI above 65 indicates bullish momentum.
Hi Investors, L&TFH looks beautiful with perfect pull back candle at 4-years RTS line which was broken last month with the volume. I hope you will benefit from this knowledge -MetaVish
short below 58.30 in intraday may take 1-2 days for triggering.
L&T Finance Holding is available at good price level i.e. 48-49 - can be bought till 40 levels buy as per your risk appetite as below 40 levels it has not seen since IPO NOTE: One should consult their financial advisor before making any decision to buy or sell equities
Observation purpose only - I am a learner and not a professional trader. please comment whether drawn figure of H&S is correct or not?
LT may garner some support for the falling nifty and with help of other stocks can help nifty to gain some momentum on the upper areas tomorrow its expiry weekly so need to keep a close check on such good corrected stocks like reliance axis titan maruti m&m pharma stocks
One may sell LTFH on rise with SL of 149.6 and targets of 144.9/143.8.
A typical Flag & Pole Breakout! Explanation inside chart.