We can see a weekly chart of L&T Infotech, which took support around 1440. It has made the spinning top near support before last to last week and given confirmation of Double Bottom. Now the stock is showing the potential of gain in this weak market. We are looking positional target of 1620-1650-1700-1800. Keep stop-loss below 1435, add your own analysis too.
Pretty interesting to watch this at this level.
The Inversion analysis suggests to go long at 221 with a strict SL placed at 213 for targets towards 226/228/230.
Watch this space for more such ideas !!!
Escorts is trading below strong support of 545. It's 200 EMA is also around 545. Formed a small range just below support, which has now become resistance for it. Buyers are active in this region as the delivery percentage is quite high. Deliverable quantity is above average.
Descending triangle is usually a continuous pattern. If it breaks triangle's baseline...
THIS STOCK STRONG SUPPORT-452 ND RESISTANCE -508. STOCK BREAK OUT 508 SO STOCK TRY TO NEW HIGH. ALL TRADER THIS STOCK IS LONG TERM BEST STOCK FIRST STUDY ND LEARNING THEN INVESTING.ETA VIEW ONLY STUDY PURPOSE.