L&TFH has recovered over 11 per cent from its recent swing low in the last few trading weeks and currently is consolidating near its previous swing lows and 200 DEMA on the daily chart. The stock price construes forming a strong base before another set of a rally. On technical parameters the stock is hovering well above the mean of the Bollinger (20, 2) and also the oscillator, MACD has seen positive crossover affirming the bullish stance in the counter from short to medium-term perspective.
Here's why Osho Krishan is bullish on L&T Fin, Hindustan Aero, Inox Wind
The analyst from Anand Rathi recommends to buy these stocks based on a positive technical set-up
 "technical skills")
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L&TFH has recovered over 11 per cent from its recent swing low in the last few trading weeks and currently is consolidating near its previous swing lows and 200 DEMA on the daily chart. The stock price construes forming a strong base before another set of a rally. On technical parameters the stock is hovering well above the mean of the Bollinger (20, 2) and also the oscillator, MACD has seen positive crossover affirming the bullish stance in the counter from short to medium-term perspective.
First Published: Sep 14 2021 | 07:25 AM IST
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