- Larsen And Toubro facing strong support around 1628 23.6 % fibonacci retracement, chart indicates once starts trading below 23.6 % fibonacci retracement then see further correction in Larsen And Toubro.
- Weekly chart also coming down from 261.8% fibonacci retracement , indicates further correction as long as trades below 261.8% fibonacci retracement.
- Monthly chart indicates long term trend is still bullish as stock closed above its major resistance, its previous resistance will now act as a major support for Larsen And Toubro.
Next Stock Will Update On 26th June 2014, Thursday , Around 3:00 am - TITAN COMPANY