Friday, April 04, 2008

Larsen Toubro breaks down from flag pattern


Larsen and Toubro has broken down from a bearish flag pattern and with good volumes. 2600 is the last hope and 2330 is the next target on the downside. Medium term it can go to 2000.

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2 Comments:

At 6:15 AM , Blogger Vidyanshu Pandey said...

So, what's the support zone on the downside?

 
At 4:38 PM , Blogger Hemanshu Pandey said...

Supports at 2200 and 2000 levels. 1800 is possible if mkts collapse. I guess thats wishful thinking!

 

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