Get started
NeeteshJain

LT Breaking out Rectangle Consolidation, Targeting 1400

Short
LARSEN & TOUBRO (NSE:LT)  
NeeteshJain Updated   
NSE:LT   LARSEN & TOUBRO
Rectangle
1
0
rectangle
Yesterday, the price action closed below the rectangle consolidation range that indicated bearishness and weakness in the stock as marked in previous chart of LT. Today, the price action continues the weakness and downward rally, expected to reach out to 1400 levels that is also previous resistance level.

Trade closed: target reached:
Target 1 reached at 1419

Related Ideas

NeeteshJain
Petronet About to Breakout from Symmetrical Triangle
NeeteshJain
Asian Paints - Painting in Red, Breakout from previous Support
NeeteshJain
Asian Paints - Painting in Red, breakout from previous Support
NeeteshJain
LT - Big Big Big Cracking, Rectangle Consolidation Breakout
NeeteshJain
Just Dial - Breaks out Downward Trendline (Buy).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.