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Rising Channel on a daily chart

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LARSEN & TOUBRO (NSE:LT)  
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NSE:LT   LARSEN & TOUBRO
Trend Analysis Chart Patterns Technical Indicators risingchannelbreakout
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trendanalysis chartpattern indicator risingchannelbreakout
Stock movement has formed a rising channel on daily chart. However, Stock is overbought on monthly chart. Thus, stock will sluggishly move up with limited upside
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