Two Sleeping Giants Waking up–ITC Limited and Larsen and Toubro.

Had tweeted about these 2 stocks and seems they have heard me shout !

1) L&T Tweet   2) ITC Tweet

 

Disclosure – We had a trade in L&T which is closed but have an Open trade on ITC in QuickGains FNO and author also has some positions so biased.

 

ITC Limited – Good Price Volume Action after a long time.

Multiple bottoms around the 200 mark. Can head up towards 220/240. Only on a cross of 240 does the long term trend change.

ITC Blog

 

Larsen & Toubro – A giant making a big breakout. A deeper stoploss at 1490 and one can look at it with a longer term view.

 

LT

 

 

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