[Premium] Trade Of The Week

Larsen & Toubro Limited has been holding its strength amid the market volatility. It's forming the base-on-base pattern with momentum in bullish territory. Price relative to Nifty 100 made a new 3-year high which shows its outperformance against the broader market.
We're bullish until it holds above the multi-year base breakout level at 1980, with a target close to 2,416.

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Allstarcharts Team