Investment Idea:
Larsen and Toubro BSE: 500510 | NSE: LT
BUY L & T with an initial target of 1654 which is a good resistance level.(for a time period of 1 week to 2 weeks)
For long term investment:
Resistance levels: 1699 ,1777
Support levels : 1575 , 1510 ,1450
If the stock moves above 1805, the target would be 1917 , 1975.
The stock has resistance at 1850/1860.
Further uptrend will take the stock to the levels above 2030.
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