LT is consolidating for long around paste week in this range and with results session it is expected to give satisfactory result and is buy once the resistance is broken for above mentioned targets
SELL BANKNIFTY BELOW 33000 TGT 32650/32450 SL ABOVE 32370 AVG @ 32270 - BUY BANKNIFTY AROUND 32650 TGT 33000/33350 SL BELOW 32400
Over all trend is still bullish , Nifty might consolidate a little because of upcoming quarterly result and then will make the move for further uptrend so be careful with index options.
It is a high growth stock in its sector with huge potential to grow on the back of its earnings. We expect the stock to touch 750/950 till next quarterly results.
Scrip looks fine as the dollar is strong and it is looking like it is coming out of consolidation. In the chart, yellow line depicts the resistance point and closing above which indicates buying for the upward blue lines as targets and red line as SL
BUY AROUND 35100 TGT 37500/39000 SL BELOW 34400