Larsen & Toubro (LT) - Good candidate for short sell
- Monthly trend is bullish so we are considering it as a correction.
- Formed the BAT pattern in weekly chart.
- If we see sell off here before tagging the last high which is 1384, then it can visit the area between 1120 to 1000.
- Stoploss could be placed at 1384.
This view is only for the education purpose, Please connect to your financial adviser before taking any entry.
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