Larsen & Toubro : Turbo Mode On !
Updated
LT one of my favorite scrips, whether its intraday or positional this scrip performs really well (just my opinion,can be different exp for you ). Those who follow me for a while ( 6 months or so ) might be knowing about the Investment analysis we did on LT. We got it somewhere around 1100's I guess, now LT @ 1500's. Great Returns. Flashback over, back to reality...
Now we have bullish flag in LT, if we get proper breakout enter long positions with proper stops n target. If flag fails don't enter downside, for few other bullish flags we entered on downside breakout, but not this one, there is a reason behind it. Can someone predict what's the reason behind ? Come up with your reasons..most welcome...
Now we have bullish flag in LT, if we get proper breakout enter long positions with proper stops n target. If flag fails don't enter downside, for few other bullish flags we entered on downside breakout, but not this one, there is a reason behind it. Can someone predict what's the reason behind ? Come up with your reasons..most welcome...
Note
Don't Miss to check out " An Analysis : LT " attached in related ideas, bcos its can help you to get insights about how to combine fundamental & technical analysis for short term investments.
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