More recenly L&T and J.P Associates trading above the weekly cloud supports. These stocks need to be monitored in coming days as there is potential trade setup with minimal trade risk.
Larsen and Tubro recently made a quicker retracement below the GANN support zone 1650 and still sustaining below that. Which indicates a bearish picture. Ideal trade is to get out of longs for time being. Source: www.marketcalls.in
Initiating L&T Positional shorts with a trailing stop loss of 1665 as per Guppy Count Back trailing Stop Loss trading system. Count Back step size =2 Source: www.marketcalls.in
Larsen & Toubro Limited (L&T) , India’s largest engineering and construction conglomerate is under major GANN Resistance at 1670 and Major Support zone at 1592. Which Side Larsen and Toubro will Break?(answers) Source: www.marketcalls.in