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LARSEN+TOUBRO GDR/1 IR 2LARSEN+TOUBRO GDR/1 IR 2LARSEN+TOUBRO GDR/1 IR 2

LARSEN+TOUBRO GDR/1 IR 2

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LTO trade ideas

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 , 😀😀
NSE:LTLong
by TRADERS_AREA
LARSEN & TOUBROLT - A reversal trade caught with the help of Bollinger bands Note the following sequence of events here - 1. 3 continuous bear candles 2. The 3rd bear candle closing outside the lower Bollinger band 3. A bullish green candle opening higher & closing inside the Bollinger band accompanied by a strong historic demand zone 4. The bullish volumes are at least 3/4 the size of the last bar bear volume. 5. Lastly, the set up is accompanied by a Bullish divergence with RSI. Target - 1550 / 1580 SL - 1450.
NSE:LTLong
by Ganand1912