Larsen & Toubro (LT) - Good candidate for short sell

19 Ara 2020

• Monthly trend is bullish so we are considering it as a correction.
  
• Formed the BAT pattern in weekly chart.
  
• If we see sell off here before tagging the last high which is 1384, then it can visit the area between 1120 to 1000.
  
• Stoploss could be placed at 1384.
  

This view is only for the education purpose, Please connect to your financial adviser before taking any entry.