L&T FH breaking out of daily resistance after a consolidation since june levels. Wait for retest for a new entry. Also if you look at Weekly/monthly chart the stock is in uptrend. Talking about fundamentals, company has shown good growth in loan disbursements. PE ration also looking favorable around 17. Stop loss below 130.
After breakout this stock is currently retesting. Post retest we can expect a good movement. Stop loss below 390.
Keep an eye on this stock. Breakout expected in the upcoming days. Healthy P/E ratio of 7.2. Looks ready for a good rally.