Monday, December 23, 2024
HomeStocksStock Radar: This Sensex stock could hit fresh highs after breakout from...

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



Source link

LATEST POSTS

Ahead of Market: 10 things that will decide D-Street action on Tuesday

The Indian stock market ended in the green on Monday, snapping a five-session losing streak. Gains in heavyweight financial and metal stocks propelled the...

Steve Ballmer is richer than Warren Buffett. But his portfolio depends mostly on one stock.

Steve Ballmer said his investment strategy is partly influenced by Warren Buffett. But Ballmer,...

Housing Starts Down 14.6% Year-Over-year

The U.S. government is reporting that privately‐owned housing starts in November, 2024 were at a seasonally adjusted annual rate of 1,289,000, which is 1.8%...

Adani spreads wings in aviation, to acquire leading MRO Air Works

NEW DELHI: The Adani Group, that operates airports in seven cities including Mumbai and is building a greenfield one at Navi Mumbai,...

Most Popular

spot_img