Long

Larsen & Toubro Infotech Ltd. - MY BULLISH BIAS!!

171
Larsen & Toubro Infotech Ltd.

The stock has formed a DOJI candle; which indicates indecision in the current momentum.

1818- 1840 can be considered as immediate resistance and 1765 should be considered as a support. The price needs to break these short term R&S zones to start a new momentum with direction.

I am tending towards the Bullish move as Technical Indicators are mildly Bullish.
****TRADINGEDGE TIME-TREND indicator is BULLISH.****

KEEP AN EYE!! #B+

#tradingedge_academy #SMTA_institute

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