LARSEN & TOUBRO for investment
Actualizado
LARSEN & TOUBRO : CMP: 369.35; RSI: 54.61
Larsen & Toubro is one of the best bet in infrastructure sector to ride the Indian Economy growth. Also company is increasing its footprint in global market and bagged few big ticket size order win in last few years form GCC market.
As per chart analysis, on weekly time frame its, next target is long term (2 years) perspective is 7300++ levels
On Daily Time Frame, script is in consolidation phase, which may last till sept 2024.
For Long Term Investors:
Accumulate below 3300 levels
Near term Support: 3220; OR Buy above 4010 level
Target- 1: 4756; Target-2 : 5483
Long term Target (2 years ) - 7300 ++
✅For more trading ideas like this, please like, share, and follow my Idea Stream✅
Larsen & Toubro is one of the best bet in infrastructure sector to ride the Indian Economy growth. Also company is increasing its footprint in global market and bagged few big ticket size order win in last few years form GCC market.
As per chart analysis, on weekly time frame its, next target is long term (2 years) perspective is 7300++ levels
On Daily Time Frame, script is in consolidation phase, which may last till sept 2024.
For Long Term Investors:
Accumulate below 3300 levels
Near term Support: 3220; OR Buy above 4010 level
Target- 1: 4756; Target-2 : 5483
Long term Target (2 years ) - 7300 ++
✅For more trading ideas like this, please like, share, and follow my Idea Stream✅
Operación activa
Please read CMP: 3649.35 in above post.Nota
LARSEN & TOUBRO : CMP: 3493.95; RSI: 39.19
Its a good price to accumulate & for fresh entry. The last 2 days volatility in market is an imported one, because of global turmoil, stay invested.
✅For more trading ideas like this, please like, share, and follow my Idea Stream✅
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