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TechieindusTrader
Jul 28, 2022 8:12 PM

L&T targets as shown  Long

LARSEN & TOUBRONSE

Description

Refer figure for targets :
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Good quarterly growth in the recent results
Book Value per share Improving for last 2 years
Strong Momentum: Price above short, medium and long term moving averages

Outperformer - Larsen & Toubro up by 16.1% v/s NIFTY 50 up by 6.81% in last 1 month
Bullish Momentum - Above Short, Medium and Long Term Moving Averages
Mutual Funds have increased holdings from 17.67% to 18.25% in Jun 2022 qtr.

13.34% away from 52 week high

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Comment

From 1604 to 1897 . Target done .
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