c0dchef

LT - Ascending Triangle - 4H TF

NSE:LT   LARSEN & TOUBRO
An Ascending Triangle is seen to be forming on the 4H Chart of Larsen & Toubro. I don't know if I should be feeling ecstatic, given the fact that it is good for my current open position, at the same time feeling perplexed, as I've posted a sell chart near 1595 and the breakout of this triangle is above 1575. A breakout above 1575 can take leaps as this stock moves very fast, which, can be easily spotted from the candles it makes. I don't know much in technical analysis so don't to be too hard on me. Apart from that, Let's unravel the content(s) inside the box, shall we?

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