Buy L&T Finance Holdings For Target Rs 112 - Religare Broking Ltd
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L&T Finance Holdings Ltd. (L&TFH)
* L&TFH has had a history of volatile swings since listing however it rewards traders if timed well around the reversals.
* It had been trading in a prolonged corrective phase after making a record high around 194 levels in 2017 and finally witnessed a breakout from the same of late. Besides, it has been forming higher lows for the last two years and formed a reversal pattern too.
* All indications put together are pointing towards a steady up move from hereon. We thus recommend creating longs in the mentioned range
Buy -Target :112 Stop Loss : 89 CMP : 95 Range : 95-96 Period : 1 Month
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