L&T FINANCE LTDLong
L & T FINANCE - APPROACHING THE SUPPORT LEVEL.
IT IS OBSERVED FROM THE CHARTS THAT THE PRICE IS GETTING SUPPORT ALONG THE INCLINED LINE.
THIS COMES TO 75% OF THE RISE, EACH TIME.
IF THE SAME TREND IS FOLLOWED, THEN THE PRICE SHOULD START REVERSING BACK TO 148 LEVELS.
THE MONEY FLOW IS ALSO IN THE OVERSOLD ZONE.
WILL DSP BLACKROCK OR SOME OTHER MF START INVESTING?
STOP LOSS MAY BE KEPT AT 122.
THIS COMES TO 75% OF THE RISE, EACH TIME.
IF THE SAME TREND IS FOLLOWED, THEN THE PRICE SHOULD START REVERSING BACK TO 148 LEVELS.
THE MONEY FLOW IS ALSO IN THE OVERSOLD ZONE.
WILL DSP BLACKROCK OR SOME OTHER MF START INVESTING?
STOP LOSS MAY BE KEPT AT 122.
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