Friday 5 September 2014


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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