Larsen & Toubro : +42.90% Upside Potential
Diupdate
17 Nov 2022 11:34hrs Larsen & Toubro CMP 2051
Heavyweight LT, 2 months of consolidation BO with huge volume was seen in the stock in the last week of Oct 2022. Consolidation/RT of BO for 3 weeks has been witnessed.
Summary
- RT & Fresh BO from the VAH zone
- 2 Months of accumulation
- Approaching major resistance place around 2078 levels(ATH)
- Cup & Handle pattern(Awaiting BO)
Conclusion
- CMP 2052
- 3% Test position can be planned at current levels
- Higher targets could be around
o Short Term – 2110-2172-2283
o Mid to Long Term – 2604-2968
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Heavyweight LT, 2 months of consolidation BO with huge volume was seen in the stock in the last week of Oct 2022. Consolidation/RT of BO for 3 weeks has been witnessed.
Summary
- RT & Fresh BO from the VAH zone
- 2 Months of accumulation
- Approaching major resistance place around 2078 levels(ATH)
- Cup & Handle pattern(Awaiting BO)
Conclusion
- CMP 2052
- 3% Test position can be planned at current levels
- Higher targets could be around
o Short Term – 2110-2172-2283
o Mid to Long Term – 2604-2968
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Catatan
Target 1 of 2110 AchievedCatatan
Target 2 of 2172 Achieved
Dhiraj Singh Bais
App : Power Profit Academy
Instagram : instagram.com/old_school_trader007?igsh=MXYyMDFkbHN6azZuZw==
Website : otm.dhirajsinghbais.com/PPW247
Twitter: @OldSchoolTdr007
Whatsapp: 7379556677
App : Power Profit Academy
Instagram : instagram.com/old_school_trader007?igsh=MXYyMDFkbHN6azZuZw==
Website : otm.dhirajsinghbais.com/PPW247
Twitter: @OldSchoolTdr007
Whatsapp: 7379556677
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