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Cup and Handle on LT

Long
NSE:LT   LARSEN & TOUBRO
LT appears to have formed a cup and handle pattern with bullish breakout. However there were some selling during end of the day. Though volume was above average, selling at the end of the day is a worry. Risk reward is around 1:1.7.

Disclaimer: I am not a SEBI registered consultant. This is not a buying or selling recommendation. Please consult your financial advisor before making any trade. Above information is just my view and is meant for educational purpose only.

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