L&T is at a confluence of 2 major support, with today's delivery percentage above 50% there is a good chance it is getting ready for a leg up. As long as it holds its support mentioned in the chart it can go to 1380 & 1400 levels.
Not
L&T has started its leg up. It has broken the resistance at 1380 & looks like it will head for 1400-1405 where its next resistance is.
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