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Umang Bhutada

18th Feb · SEBI-Registered Analyst

Larsen & Toubro Ltd

LT
Why Watch: Continues to show heavy trading volumes and positive price action, benefitting from broader capex / infrastructure visibility. Technical Levels: Support: ₹4,200 zone (recent consolidation). Breakout Trigger: Above ₹4,330 with fresh volume drive. Resistance: ₹4,400–₹4,450 (short-term supply zone). Pullback Buy: ₹4,240–₹4,260. Trading View: Plays structural India infra theme with potential trend continuation.

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