When Money Talks Markets sing@ 10:45 AM – Wednesday, August 7th 2024

Larsen All The Way!

Larsen (+2%, 3655) aiming for massive rebound on Government’s continued thrust on capex and business optimism in international orders. LT’s revenue from operations had risen 15% to Rs 55,120 crore in Q1FY25.

# The biggest positive catalyst: A probable symmetrical triangle pattern breakout on the daily charts indicating upside targets at 3850-3900 zone. Positive bias as long as 3500 holds as support.

# The Gyan Mantra: Keep it on your radar with buy on dips as a preferred strategy.

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