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dhananjay.d.joshi
Apr 18, 2016 1:21 PM

Larsen & Toubro short term analysis  

LARSEN & TOUBRO LTD.BSE

描述



As we are out of down trend channel and forming swing highs and swing lows stock looks in good up trend, but I am not convinced with the move, reason being DMI and CMF both are not supporting the up move.

I expect stock to correct from supply zone just above CMP.

If we get out of up trend channel then that will be the conformation of correction.

Levels for possible trades are on chart.
评论
dhananjay.d.joshi
As we expected price corrected in the supply zone and did target in one trading day :-D, we got stopped in long trade just a day before yesterday. And yesterday price gave entry.

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