L&T - DOUBLE TOP IN WEEKLY CHART
BREAK OUT OF INVERTED H&S OBSERVED IN THE DAY CHART.
IF THE PRICE STARTS MOVING UP, THEN 1600 AS TARGET CAN BE EXPECTED.
STOP LOSS CAN BE KEPT AS THE NECK LINE OR AT 1534.
IN THE WEEKLY CHART 1555 IS THE RESISTANCE. IF THIS IS CROSSED THEN JOURNEY IS TOWARDS 1600+.
IF THE PRICE STARTS MOVING UP, THEN 1600 AS TARGET CAN BE EXPECTED.
STOP LOSS CAN BE KEPT AS THE NECK LINE OR AT 1534.
IN THE WEEKLY CHART 1555 IS THE RESISTANCE. IF THIS IS CROSSED THEN JOURNEY IS TOWARDS 1600+.
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