Buy LT
Buy LT for long term. My Target is 3200 in next 2 years. Yes! And I mean it! This stock has given a clear breakout on a daily chart. 1560 - 1600 is the all time high for LT. It has taken resistance at those levels many times in the past. Now its forming cup and handle on weekly chart. The resistance becomes weak when stock falls down so this time it should give a clear breakout too. If you see Nifty has grown more than double, however, LT has not even broken its pre covid high. This stock hasnt performed yet so this is the best time to get into this stock. Once it breaks 1600 then it will be the traveling under clear blue sky. There will be no upper limit. This stock is good Fundamentally too. So close your eye and do SIP in this stock. Buy 40% now. If it falls down, buy 30% and 30%. However, if it closes above 1600 for 2 days then buy remaining 60%.
View - Medium to long term. 2 Years plus.
View - Medium to long term. 2 Years plus.
Note
Target Hit 1660.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.