Short
LARSEN & TOUBRO INFOTECH... CAN EXPECT A CORRECTION UPTO 14%
The LTI script had rallied too much and looks like it can't bear its weight anymore.
The Elliot waves are done and the correction has just begun in LTI.
I'm expecting a target of 5800 in the next few weeks. Analyze and trade if this is convincing.
PS: Overall market is correcting and IT stocks are still overvalued.
The Elliot waves are done and the correction has just begun in LTI.
I'm expecting a target of 5800 in the next few weeks. Analyze and trade if this is convincing.
PS: Overall market is correcting and IT stocks are still overvalued.
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