mmjimm

LT BULLISH PENNANT VERGE OF BREAKOUT ??!!!

Long
mmjimm Updated   
NSE:LT   LARSEN & TOUBRO
Chart pattern looks good for the long trade with minimal risk

Bullish pole pennant formation yet to give Breakout

Nothing much to explain, As the chart explains the situation

Bright green dashed lines- Target levels
Bright red dashed line- SL


Entry can be now or after the Breakout of the pennant.

Let's wait and watch how it moves!!!

NOTE- Just sharing my view...not a tip nor advice!!!
Comment:
Nice to see it closing inside the pattern!!
Order cancelled:
gap down
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