CUP AND HANDLE PATTERN IN L&T CHART
L&T IS SHOWING STRONG SIGNALS OFF UPSIDE WITH BOTH TECHNICAL AND FUNDAMENTAL HAVING ITS SIDE, STRONG ORDER BOOK, IN ANTICIPATION OF STRONG ECONOMIC RECOVERY .
TECHNICAL SIDE IS ALSO GOOD AS IT IS FORMING ITS LONG CUP AND HANDLE FORMATION WITH HEAVY VOLUME,ALL THE INDICATIONS SHOWING STRONG BUY SIGNAL. WE CAN SEE A SIGNIFICANT UPSIDE FROM THE CURRENT POSITION.
CURRENTLY STARTING ITS 5 ELLIOT WAVE WHICH GIVE US MORE REASON TO BUY AND HOLD IT WITH YOUR SEAT BELT TIGHT.
TECHNICAL SIDE IS ALSO GOOD AS IT IS FORMING ITS LONG CUP AND HANDLE FORMATION WITH HEAVY VOLUME,ALL THE INDICATIONS SHOWING STRONG BUY SIGNAL. WE CAN SEE A SIGNIFICANT UPSIDE FROM THE CURRENT POSITION.
CURRENTLY STARTING ITS 5 ELLIOT WAVE WHICH GIVE US MORE REASON TO BUY AND HOLD IT WITH YOUR SEAT BELT TIGHT.
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