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dhananjay.d.joshi
Nov 19, 2015 1:25 PM

Larsen & Toubro Ltd. Long term view. 

Description



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.

Comments
dhananjay.d.joshi
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.
pai56kota
LT took support at 1170 second time. Hope, from here it will take an U turn upto 1370
dhananjay.d.joshi
Price taking support exactly at marked area. Its important to observe the price action in support area..
AMBRISH
Please mention range/price of support area.
dhananjay.d.joshi
Its marked on chart....
AMBRISH
Thanks , green is demand and red is supply zone?
dhananjay.d.joshi
Yes.
AMBRISH
Thanks.
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