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Larsen

18 Jun 202012:21 PM

Larsen and Toubro took support at the trendline from the March bottom. The entire pattern from March can end up looking like an ascending triangle. This is true it should hold support near 880 on a closing basis and head back to attempt a breakout above the top end of the triangle near 1010. Doing so it would also attempt then top end of a parallel channel of the lower line of the triangle, that extends all the way to 1200

lnt 180620

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