L&T Finance Holding, Bullish

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The stock touched its all time high 198 in Sept/Oct 2017 and has been in downtrend since then largely trading below its 200EMA.
The stock has formed multi-year Rounding Bottom pattern, with another minor rounding bottom inside it. The short term, intermediate
and long term targets & major resistance levels are indicated in the chart.
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Stock crossed 1st target
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Stock near resistance level
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Approaching 2nd target
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Crossed 2nd Target as well
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Approaching 3rd Target
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Such a beautiful journey of this stock. 3rd target achieved in Feb 2024, witnessed some correction and continuing upward trend.
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stock witnessing some correction and will continue upward trend.
Cup And HandleltfhMultiple Time Frame Analysismultiyearbreakoutroundingbottom

Declinazione di responsabilità