Bullishness may continue in L&T for sometime
Updated
L&T has been making Ascending Right Angled Triangles and the trend line on daily charts is also showing bullishness. If L&T decisively breaks (a closing price with heavy volume) over and above 922, I believe that we may see levels of ₹1000 before 4th May.
Trade active
L&T gave a closing of ₹932 on 17th April 2020. The trade has now been activated for a target level of ₹1000. The target will be revised to a higher level if it is met before the 4th May decisively.Trade closed: stop reached
On April 20th, the stock closed below its support line and confirmation of the same was given on April 21st.
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