L&T FINACE HOLDING

Hello & Welcome to this analysis

Stock has entered in the PRZ of a Bearish Harmonic Bat Pattern in the monthly time frame suggesting a retracement 135-115.

The pattern gets negated above 188 - X pt of the pattern.

Since this is a monthly structure it could see a longer period of consolidation before it either does a distribution and dips down or after a sideways accumulation breaks on the upside.

Downward trigger level currently is at 155 on weekly basis.

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