TradingSutra

L&T: A DIAGONAL

Long
NSE:LT   LARSEN & TOUBRO
Stock is showing a recovery from the oversold region and is likely to retrace about 50%-61.8% retracement of the prior fall.

Trading Strategy:
Buy with SL of 1525 and look for the target of 1680/1700-25.

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
www.tradingsutra.com
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