LT break the trend line in 1hrs time frame. The breakout candle volume is high adn ema(9) croosover is also done. After breakout retest the ema(9) candle. So entry confirm in all angles. Wait for the target the recent resistance in 1hrs chart for the 1st target and Weekly resistnace fo rthe 2nd target. The Sl is breakout candle low. For 1st target exit the RR is 1:3.77
LT Negative news, Govt planning for FDI to take investment and contracts in Indian construction sector. May effect LT. Please take advice from your financial advisor. This is just a personal view.
LT Larsen has taken support in Intraday, it can go towards 3865, chances are high. We can see these levels till today or tomorow afternoon max, Please follow strict stop loss in it.
LT Currently trading at really good support level 3593 and it also took support from 3500 on daily time frame. As the company has secured many order so this rally will be based on positive result