karthikmarar

L&TH - Looks ready to Travel much higher.

Long
NSE:LTF   L&T FINANCE LTD
In late May we saw the stock successfully taking out a six-month Rejection Zone and move up. Now after a small consolidation at a Major supply area and taken out the same. We can see lot of volume support coming in. The relative strength has been positive. The Moving averages are stacked up nicely. All these indicate that the stock is nicely poised to move up much higher. The significant levels on the upper side are 135-146-180-209. R:R looks quite attractive


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