Stock Radar: This Sensex stock could hit fresh highs after breakout from ‘Diamond’ pattern; time to buy?

L&T Ltd, part of the construction industry, recorded a breakout from a Diamond pattern on the daily charts after consolidating in a narrow range since the February-March 2024 period.Short-term traders can look to buy the stock for a possible target of Rs 4,000 in the next few weeks, suggest experts.The stock moved in a narrow range so far in 2024; however, it picked some momentum after bottoming out around 200-DMA on the daily charts around