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L&T Finance Holding Ltd

Buy @76 ,Target 120, Stop Loss of 66

Momentum Buy Pick : -  We have a bullish view on L&T Finance Holdings, On monthly charts we see strong support at 66 level, as there is reversal , prices are making ascending channel pattern from bottom point  52.50 to the upside  120 level.

We advice to accumulate L&T FH at cmp 76 with upside target of 115 -120 and 66 is stop for this trade.  

  • Money Flow : The money flow indicator is ready to give positive breakout from zero level after long time rallying negative below the zero point level  , this is good opportunity to accumulate L&T FH at current market price.
  • RSI Indicator : The RSI Indicator is in positive divergence from oversold level , both the indicator are showing clear buying signal with rising mode.   


L&T Finance Holding (Weekly Chart)

Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

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