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NeeteshJain
Aug 25, 2016 9:28 AM

LT - Big Big Big Cracking, Breaking out Rectangle Consolidation  Short

NSE:LT60
LARSEN & TOUBRONSE

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The price action is been ranging from 1516-1460, about range of 60 points for a while and now I could see a cracking or breaking of it that indicates weakness and bearishness. I would suggest to short for now with a stop loss at 1485. Target: 1400
breakouttradingRectangle
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