L&T fin hold was downtrend since 2018. Currently is near 52 week high. Day Frame: Great move after touching 200 EMA. Above 20,50,100 and 200 EMA. Week frame: Above 20,50, 100 and 200 EMA. Technically, I am very very bullish on this stock. Also RBI increasingly Repo Rate which good for non banking finance share. When interest rate increase, bank dont lend money...
NSE:L_TFH midcap stock is forming triangle pattern for a year facing 4 rejections in resistance line. Financials doesn't seems to be attractive, hence long term holding is not the view. However strong pattern break can be a good entry for 15% - 30% returns. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is...
I bought LTFH (L&T Fin Holding) Candle above 200 EMA Bullish crossover in RSI Manual trend is up SL 70 T1 90 T2 100 Positional trade
L&T Fin Holding coming week will come down upto 55
There are 2 aspects to analyze any stock. 1. Fundamental Analysis: What to buy 2. Technical Analysis: When to buy 1. Fundamental Analysis, it seems like a good to buy because companies profit is increasing yearly, and operations profit is also increasing which is crucial for any company. Balance sheet also looks good. (Though I am not expert in fundamental...