The weekly wave count for LARSEN&TOUBRO LTD. suggests that it recently completed a wave IV correction from the Jan 2024 highs, and now is all set to move higher in wave v.
The expected wave would be the wave V of 3. The target zone for this wave is projected at around INR 4100-4150 levels which is around 20% up from CMP. INR 3400 is a support zone for the stock now. INR 3330 can be used as a "SL".
hello sir thank you for the information . sir i have one question , what is the current structure of nifty 50 on daily time frame . which structure is it other than channel . that is the most likely probability of the upcoming pattern ???