L&T has 20% upside from CMP. New impulse wave in action.
The weekly wave count for LARSEN&TOUBRO LTD. suggests that it recently completed a wave IV correction from the Jan 2024 highs, and now is all set to move higher in wave v.
The expected wave would be the wave V of 3. The target zone for this wave is projected at around INR 4100-4150 levels which is around 20% up from CMP.
INR 3400 is a support zone for the stock now.
INR 3330 can be used as a "SL".
The expected wave would be the wave V of 3. The target zone for this wave is projected at around INR 4100-4150 levels which is around 20% up from CMP.
INR 3400 is a support zone for the stock now.
INR 3330 can be used as a "SL".
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