Lanco Infratech Limited is now exactly positioned at the six months trend line where it has been taking support for the last five(fibonacci) months. It has taken support atleast twice at the trend line. Now it is placed exactly at that so we have to wait and see whether it breaks the same or not we have to see. If it breaks Rs.525/- then it would break the trend line and also the trend for the last five months -probably the up trend. So if any body is short be carefull or wait for the confirmation to go short.
M.Sri Mahidar
Trend is Friend.
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