engineering stocks-LT heading towards 1462 tgt support 1410

Larsen & Toubro Limited stock chart Larsen & Toubro Limited stock on strong results trading at 1420 with gains over 10%. LT stock after taking strong support at 1240 level achieved its upside tgts of 1305-1355 and 1410.   Now 1410 is strong closing basis support for stock and upside tgt will be 1462. Closing below 1410 means correction and profit booking up to 1350.   From long term view, this fresh bullish move has its target around 1545. On downside1240 remain as long term support.

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