rJ68263746

LT (Nifty50) - Elliott wave analysis

NSE:LT   LARSEN & TOUBRO
LT - It is within ABC zigzag move and under-performing the Nifty. the 5th wave of C is expecting go for one more high. Overall it is in bearish corrective cycle. so sell on bounce will be good set up, but need more price confirmation before taking the trade.

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