LARSEN & TOUBRO, first good stock in IT sector hey guys ,
IT sector was in a constant downtrend for a long trend ,
but now ,
we can see some CORRECTION in IT sector ,
and the first best company to invest in is,
LARSEN & TOUBRO
this stock was moving in a fixed downtrend,
and this stock was making a pattern called
FALLING WEDGE PATTERN
and now this stock has crossed it's resistance ( of this pattern )
and we can see a GREAT BIG GREEN CANDLE ,
therefore , i suggest that traders should buy this stock
and earn high returns ,
also, LARSEN AND TUOBRO is a well established company ,
fundamentals are also good
therefore, there are less chances of BULL TRAP for traders ,
BUT FORST CONSIDER THE GLOBAL MARKET SITUATIONS,
1. INFLATION
2. WAR
3. RISING BANK RATES
4. INCREASING EXPORT DUTIES ON CRUDE OIL
AFTER CONAIDERING THESE SITUATIONS YOU CAN BUY THIS STOCK AND EARN HIGH RETURNS ,
😀😀
