Trend:
L&T Finance is showing a strong uptrend with consistent higher highs and higher lows on the daily chart. After a short consolidation, the stock is trading near its upper resistance zone, indicating possible breakout continuation if momentum sustains.
Key Levels -
Breakout Level: ₹273
Immediate Support: ₹252
Major Support: ₹240
Supply Zone: ₹290
R1: ₹300
Fundamentals (Key Points):
💼 One of India’s leading NBFCs with diversified lending portfolio.
📈 Strong retail loan book expansion driving profit growth.
💰 Improvement in asset quality and reduction in NPAs.
📊 Focus on retail transformation enhancing stability and valuation.
⚠️ Near-term consolidation possible after a strong rally.
Final Verdict: Bullish — Above ₹273, the stock may continue upward toward ₹290–₹300; ideal buy-on-dips setup with strong support around ₹252.