SirajHudda

LT(NSE) Long after correction.

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NSE:LT   LARSEN & TOUBRO
LT has be going trough the correction after making a top around 1890. The ABC correction has been completed and I would expect the stock to move higher and make new highs now. However, as a conservative target of 1750 and stop loss just below the last low would give a risk reward ratio for 1:2.5.

Happy Trading!!

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