dhananjay.d.joshi

Larsen & Toubro Ltd. Long term view.

snapshot

It will be too brave to predict stock like LT             and that also for next few years but according to my analysis of charts. Price will change long term trend from May/June 2016.

This is just analysis not investment suggestion or advice.

Price is moving in to the demand zone and hence we can expect to slow down in the up move. one can take out profits near demand levels above the price.
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LT took support at 1170 second time. Hope, from here it will take an U turn upto 1370
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Price taking support exactly at marked area. Its important to observe the price action in support area..
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AMBRISH dhananjay.d.joshi
Please mention range/price of support area.
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Its marked on chart....
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Thanks , green is demand and red is supply zone?
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Yes.
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AMBRISH dhananjay.d.joshi
Thanks.
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