L&T Long 30 daysAccumulation zone -
Factors
1) Volume is more than average 4 times
2) Buy volume is max in this rage
3) histogram is positive
4) positive result from last 3 quarters result ( more than expected)
5) more Central Gov projects lined up for next fy year
6) 24 * mutual fund is positive for the following PE result
All-time new high will make
con
1)- 2 mutual fund holding changed (sell) in this phase