L&T fin hold was downtrend since 2018. Currently is near 52 week high.
Day Frame: Great move after touching 200 EMA. Above 20,50,100 and 200 EMA.
Week frame: Above 20,50, 100 and 200 EMA.
Technically, I am very very bullish on this stock. Also RBI increasingly Repo Rate which good for non banking finance share.
When interest rate increase, bank dont lend money...
NSE:L_TFH midcap stock is forming triangle pattern for a year facing 4 rejections in resistance line.
Financials doesn't seems to be attractive, hence long term holding is not the view. However strong pattern break can be a good entry for 15% - 30% returns.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is...
There are 2 aspects to analyze any stock.
1. Fundamental Analysis: What to buy
2. Technical Analysis: When to buy
1. Fundamental Analysis, it seems like a good to buy because companies profit is increasing yearly, and operations profit is also increasing which is crucial for any company. Balance sheet also looks good. (Though I am not expert in fundamental...
