L&T Finance - Upside Continues

With last quarter showing a turn around in the NBFC space, this quarter sees a continuation of momentum.
Can start going long here with a larger position above 101.
Keep a stoploss below 87.

The stock has broken the diagonal trendline, now crossed above the AVWAP of the entire downmove. The stock has also crossed above the 200WEMA.

Many triggers show when markets start moving this space could pick up strength.
Trend Analysis

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