BUY L&T @ 1378 & SELL EDELWEISS @ 183.25
So here are the Latest Stock Tips from the Stock Market.
Larsen & Toubro Limited
Larsen & Toubro commonly known as L&T Limited is one of the large Indian multinational firms and leading Indian construction company headquartered in Mumbai, Maharashtra, India. Two Danish engineers found this company while taking refuge in India.
L&T is not only a giant organization but a company with strong fundamentals & strong management at the top. Therefore, Traders from long term or short term perspective can ride on this opportunity. Stocks of L&T formed a MORNING STAR PATTERN on Thursday 11 Apr’19 with above average volume. Relative Strength Index of the stock is in Neutral zone at 55.
Current Price : 1378
Short Term Target Price : 1400
Long Term Target : 1450
Stop Loss : 1370
Edelweiss Broking Limited
Edelweiss Broking Limited is an Indian Financial services company based in Mumbai, India. The company is registered with National Stock Exchange of India, Bombay Stock Exchange and MCX Stock Exchange.
Traders those who are holding the stocks of Edelweiss for a short term gain or fresh traders can get profit on this stock by shorting it. This stock has formed a Bearish Engulfing Pattern on last Trading Session. As a result, we can assume that this stock should fall few more coming sessions. Relative Strength Index of the Stock and Moving Average Convergence/Divergence are running towards negative direction.
Current Price : 183.25
Target Price : 175
Stop Loss : 189.82
Note: Above mentioned Stock Tips are based on Technical or Fundamental Analysis however, Stock market is always volatile and risk is always included in the investment. Author is not liable for any losses.