LARSEN & TOUBRO LTD.

Triangle pattern breakout in LT hourly chart

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Chart patterns work amazingly well in markets where momentum is building. Just like current times where a counter-trend rally is ongoing. I spotted a triangle pattern being formed in hourly time frame in LT. See how beautifully it broke out.
I entered when RSI was touching 60. DId test me for a day before breaking out.

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