LARSEN & TOUBRO LTD.Short
LT Breaking out Rectangle Consolidation, Targeting 1400
Updated
Yesterday, the price action closed below the rectangle consolidation range that indicated bearishness and weakness in the stock as marked in previous chart of LT. Today, the price action continues the weakness and downward rally, expected to reach out to 1400 levels that is also previous resistance level.
Trade closed: target reached
Target 1 reached at 1419
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