Today I want to present a GEM in our stock of the week series meant for investors intrested in wealth creation. LT came on my daily chart on 24 May @ 1142. Since then I have recommended this stock multiple times. This week stock has given a unique breakout on weeklychart. If you see, since 2007 stock is trading in a range (red lines). It has tried to break this level multiple times in a past and took heavy resistance. This week, however, it has able to breach this level successfully. My own target for this stock is 3200 in 2 years. This is a very good entry points for new comers too! 14 years breakout means a lot. This is extremely well techno-funda stock with very low PE. Expert in construction and defense. Each investor should have this stock in his portfolio.
View - Medium to long term. Time - 2 years Target - 3200.
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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.