Technical Trading Idea : Larsen and Toubro Ltd Target Rs. 3955 By Motilal Oswal Wealth Management

Larsen and Toubro Ltd
Buy Larsen and Toubro Ltd CMP 3730 SL 3615 TARGET 3955 DURATION 1 Week
* Stock has broken out from a consolidation zone on the daily chart.
* It is respecting its 100 DEMA support zones.
* Surge in traded volumes are visible.
* RSI momentum indicator rising.
* We recommend to buy the stock at CMP Rs.3730 with a SL of Rs.3615 and a TGT of Rs.3955.
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