kalyanganguly

LT - Hammer at channel support

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NSE:LT   LARSEN & TOUBRO
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis.

There seems to be a hammer at the uptrend channel support. Moreover, relative strength is greater than Nifty index. RSI above 50 indicates bullish momentum as well.

SL: 1700

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