📢 #FollowUp: L&T Continues to Build on Strength CMP ₹3,652 | Engineering Giant | Infra Powerhouse

Since our earlier update,

has held its breakout levels firmly and is consolidating just below key resistance — a classic bullish continuation pattern. The stock is showing no signs of exhaustion, and momentum indicators remain firmly in the buy zone 🔄 Technical Follow-Through: ✅ Breakout held: Price has successfully sustained above the wedge breakout zone (₹3,525–₹3,540) — no breakdown or weakness so far. 🔍 Volume cooling = healthy consolidation, often a base before next leg up. 📈 RSI remains above 59 with upward slope — strength intact. 🧭 Next Resistance Zones: ₹3,720: Minor supply zone ₹3,880: Strong breakout target 💡 Fresh Technical Setup Emerging: If price breaks above ₹3,720 with volume, expect a quick rally to ₹3,880–₹3,950. Trailing SL: Move stop loss to ₹3,560 to protect gains. Ideal for: Swing traders looking for 5–8% upside with minimal downside risk. 🏗️ Fundamental Pulse Stays Strong: Government’s ₹11 lakh Cr infra capex push = long-term tailwind Strong execution = visible in record revenue and PAT growth Analysts remain bullish post earnings — no downgrades despite market volatility 🎯 Updated Trade Plan (Swing View): 🎯 Target 1: ₹3,720 🎯 Target 2: ₹3,880–₹3,950 🛡️ Revised Stop Loss: ₹3,560 (closing basis) ✅ Conclusion: L&T is not just a breakout — it's a leader in a trending sector with strong institutional backing. As long as it holds above the breakout zone, every dip is a buying opportunity. Watch ₹3,720 breakout closely. 🔁 Stay tuned for live updates as the stock approaches critical resistance