NeeteshJain

LT - Constructing New Solid Breakout

Largo
NeeteshJain Actualizado   
BSE:LT   LARSEN & TOUBRO LTD.
It has been observed that the price action breaking above previous resistance zone of 1250 levels indicating strong buyers coming back and taking price action further up and above the resistance zone.

T1- 1275
T2-1300
SL-1225
Operación activa
Comentarios:
Breakout confirmed, now reaching T1
Operación cerrada: objetivo alcanzado:
Target 1 reached successfully. Thanks
Operación activa:
After short correction, LT again registering new highs for the day. Staying bullish and shall further reach to T2.
Comentarios:
After a brief correction, the stock has again started to move upside take previous consolidation area as strong support. Now, it is expected to move further up to 1270 levels again.


Thanks
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