NeeteshJain

Larsen - Looking Weak Ahead (Bearish Candlesticks)

Short
NeeteshJain Updated   
BSE:LT   LARSEN & TOUBRO LTD.
It is been observed that the price action indicating weakness due to the formation of two consective bearish candlesticks at the prior resistance levels. It is also indicating price rejection at higher levels.

Target 1: 1700

Target 2: 1680

Stoploss: 1760
Trade active
Trade active:
Moving steadily so far and now it may speed up in last few hours of the session.
Trade active
Trade closed: target reached
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.