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Buy L&T

Discussion in 'Technical Analysis' started by jignesh_acharya, Mar 7, 2015.

  1. jignesh_acharya

    jignesh_acharya Active Member

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    Breakout form side ways range...
    CMP-1826,SL-1752,Tgt1-1974,Tg2-2048
    Please share your view...
     

    Attached Files:

  2. shabbir

    shabbir Administrator Staff Member

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    Definitely a breakout but will wait for couple of trading sessions before going long.
     
  3. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes breakout happened above 1750 and is in breakout now also.

    With all the news floating in and around budget regarding infrastructure boost by govt, l&t did breakout during that time.

    I would also second Shabbir's advice to wait a little bit. Do let us know when you enter, I will also...
     
  4. saptarshi_sachin

    saptarshi_sachin Responder

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    Another breakout wasted jignesh..

    Ha ha ha ha
     
  5. jignesh_acharya

    jignesh_acharya Active Member

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    yeah.. lets see 1750 acting as support or not....

    :)
     
  6. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes...
     
  7. jignesh_acharya

    jignesh_acharya Active Member

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    Back to Pavilion.....
     
  8. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes, back to dressing-room.

    And more fall in the offing..... Only a rainy day can save L&T now.