Larsen & Toubro Limited

L & T Ascending Triangle pattern

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Ascending triangle pattern - breakout..

An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns.

10 - 15 % for short term trade..

Disclaimer: Not a call/buy signal. discussing only chart patterns that I practice.....

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