It will be too brave to predict stock like LT and that also for next few years but according to my analysis of charts. Price will change long term trend from May/June 2016.
This is just analysis not investment suggestion or advice.
LT has made a FLAT correction 3-3-5 which is potentially completed now and its time to go long. One can go long now with SL just below the recent lows around 1435 and targets are for new highs around 1950, 2000 levels. Happy Tranding!!
LT has be going trough the correction after making a top around 1890. The ABC correction has been completed and I would expect the stock to move higher and make new highs now. However, as a conservative target of 1750 and stop loss just below the last low would give a risk reward ratio for 1:2.5.
Happy Trading!!